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Price of X in 2000: 21
Quantity of X in 2000: 14

Price of Y in 2000: 65
Quantity of Y in 2000: 13

Price of X in 2001: 47
Quantity of X in 2001: 45

Price of Y in 2001: 72
Quantity of Y in 2001: 18

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

2000

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 11393411 199.473222125
Real GDP (Laspeyres) 11392115 85.6892010536
Real GDP (Paasche) 15943411 113.989962359
Real GDP (Chain-weighted) 11392276.17283563 99.8395817062
GDP Deflator (Chain-weighted) 100 149.856809931 49.8568099312