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Price of X in 2000: 69
Quantity of X in 2000: 49

Price of Y in 2000: 49
Quantity of Y in 2000: 28

Price of X in 2001: 46
Quantity of X in 2001: 32

Price of Y in 2001: 25
Quantity of Y in 2001: 31

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 47532247 -52.724594992636
Real GDP (Laspeyres) 47533727 -21.586366505365
Real GDP (Paasche) 29542247 -23.9336492891
Real GDP (Chain-weighted) 2909.11474590832247 -22.760007897232
GDP Deflator (Chain-weighted) 163.38303625476 100 -38.794135369066