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Price of X in 2000: 40
Quantity of X in 2000: 68

Price of Y in 2000: 90
Quantity of Y in 2000: 38

Price of X in 2001: 47
Quantity of X in 2001: 44

Price of Y in 2001: 37
Quantity of Y in 2001: 34

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 61403326 -45.8306188925
Real GDP (Laspeyres) 61404820 -21.4983713355
Real GDP (Paasche) 46023326 -27.7270751847
Real GDP (Chain-weighted) 4411.885060493326 -24.6127232601
GDP Deflator (Chain-weighted) 139.169536736 100 -28.1451944545