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Price of X in 2000: 95
Quantity of X in 2000: 57

Price of Y in 2000: 87
Quantity of Y in 2000: 81

Price of X in 2001: 28
Quantity of X in 2001: 78

Price of Y in 2001: 60
Quantity of Y in 2001: 55

For chain-weighted real GDP, express its value in year

2001

prices


You can find nominal GDP, real GDP, and the GDP deflator for all 3 years.



               
20002001 Growth rate (%)
Nominal GDP
Real GDP (Laspeyres)
Real GDP (Paasche)
Real GDP (Chain-weighted)
GDP Deflator(Chain-weighted)

Scroll all the way down to see the solutions

































































































               
20002001 Growth rate (%)
Nominal GDP 124625484 -55.9942224362
Real GDP (Laspeyres) 1246212195 -2.14251324025
Real GDP (Paasche) 64565484 -15.0557620818
Real GDP (Chain-weighted) 5999.943391855484 -8.59913766102
GDP Deflator (Chain-weighted) 207.701959604 100 -51.8540892967