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Price of X in 2000: 10
Quantity of X in 2000: 97

Price of Y in 2000: 80
Quantity of Y in 2000: 92

Price of X in 2001: 19
Quantity of X in 2001: 14

Price of Y in 2001: 50
Quantity of Y in 2001: 93

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 83304916 -40.9843937575
Real GDP (Laspeyres) 83307580 -9.00360144058
Real GDP (Paasche) 64434916 -23.7001396865
Real GDP (Chain-weighted) 5876.999322184916 -16.3518705635
GDP Deflator (Chain-weighted) 141.738998821 100 -29.4477872487