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Price of X in 2000: 23
Quantity of X in 2000: 55

Price of Y in 2000: 100
Quantity of Y in 2000: 93

Price of X in 2001: 4
Quantity of X in 2001: 19

Price of Y in 2001: 10
Quantity of Y in 2001: 62

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 10565696 -93.41221012778
Real GDP (Laspeyres) 105656637 -37.179365830573
Real GDP (Paasche) 1150696 -39.478260869565
Real GDP (Chain-weighted) 105656515.5608695652 -38.328813350069
GDP Deflator (Chain-weighted) 100 10.682119527899 -89.317880472101