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Price of X in 2000: 82

Quantity of X in 2000: 29

Price of Y in 2000: 6

Quantity of Y in 2000: 74

Price of X in 2001: 14

Quantity of X in 2001: 21

Price of Y in 2001: 50

Quantity of Y in 2001: 61

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

2000prices

You can find nominal GDP, real GDP, and the GDP deflator for all 3 years.

2000 | 2001 | 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

2000 | 2001 | Growth rate (%) | |
---|---|---|---|

Nominal GDP | 2822 | 3344 | 18.4975194897 |

Real GDP (Laspeyres) | 2822 | 2088 | -26.0099220411 |

Real GDP (Paasche) | 4106 | 3344 | -18.5582075012 |

Real GDP (Chain-weighted) | 2822 | 2193.14369216 | -22.2840647712 |

GDP Deflator (Chain-weighted) | 100 | 152.475189472 | 52.4751894715 |