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Price of X in 2000: 4
Quantity of X in 2000: 86

Price of Y in 2000: 38
Quantity of Y in 2000: 55

Price of X in 2001: 18
Quantity of X in 2001: 24

Price of Y in 2001: 86
Quantity of Y in 2001: 100

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 24349032 271.07641741988
Real GDP (Laspeyres) 24343896 60.065735414955
Real GDP (Paasche) 62789032 43.867473717745
Real GDP (Chain-weighted) 5943.41107098749032 51.96660456635
GDP Deflator (Chain-weighted) 40.952913586636 100 144.18287062397