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Price of X in 2000: 22
Quantity of X in 2000: 67

Price of Y in 2000: 84
Quantity of Y in 2000: 45

Price of X in 2001: 4
Quantity of X in 2001: 30

Price of Y in 2001: 36
Quantity of Y in 2001: 48

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 52541848 -64.826798629616
Real GDP (Laspeyres) 52544692 -10.696612105063
Real GDP (Paasche) 18881848 -2.1186440677966
Real GDP (Chain-weighted) 1974.51989111521848 -6.4076280864297
GDP Deflator (Chain-weighted) 266.09000110059 100 -62.418730660159