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Price of X in 2000: 25
Quantity of X in 2000: 75

Price of Y in 2000: 52
Quantity of Y in 2000: 4

Price of X in 2001: 35
Quantity of X in 2001: 30

Price of Y in 2001: 16
Quantity of Y in 2001: 38

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 20831658 -20.4032645223
Real GDP (Laspeyres) 20832726 30.8689390302
Real GDP (Paasche) 26891658 -38.3413908516
Real GDP (Chain-weighted) 20832005.17441428 -3.73622591069
GDP Deflator (Chain-weighted) 100 82.686073999 -17.313926001