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Price of X in 2000: 52
Quantity of X in 2000: 18

Price of Y in 2000: 79
Quantity of Y in 2000: 61

Price of X in 2001: 1
Quantity of X in 2001: 65

Price of Y in 2001: 65
Quantity of Y in 2001: 68

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 57554485 -22.067767158992
Real GDP (Laspeyres) 57558752 52.076455256299
Real GDP (Paasche) 39834485 12.603565151896
Real GDP (Chain-weighted) 3388.99777405424485 32.340010204097
GDP Deflator (Chain-weighted) 169.8142159921 100 -41.112115133723