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Price of X in 2000: 25
Quantity of X in 2000: 76

Price of Y in 2000: 60
Quantity of Y in 2000: 56

Price of X in 2001: 80
Quantity of X in 2001: 12

Price of Y in 2001: 56
Quantity of Y in 2001: 40

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 52603200 -39.1634980989
Real GDP (Laspeyres) 52602700 -48.6692015209
Real GDP (Paasche) 92163200 -65.2777777778
Real GDP (Chain-weighted) 7437.27523783200 -56.9734896493
GDP Deflator (Chain-weighted) 70.7248263889 100 41.3930653575