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Price of X in 2000: 82
Quantity of X in 2000: 65

Price of Y in 2000: 43
Quantity of Y in 2000: 83

Price of X in 2001: 11
Quantity of X in 2001: 79

Price of Y in 2001: 57
Quantity of Y in 2001: 83

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 88995600 -37.071581076525
Real GDP (Laspeyres) 889910047 12.900325879312
Real GDP (Paasche) 54465600 2.827763496144
Real GDP (Chain-weighted) 88999598.8213367609 7.8640446877281
GDP Deflator (Chain-weighted) 100 58.340496228985 -41.659503771015