This website automatically generates GDP practice problems. There is no limit to how many problems you can try. Press the "Refresh" button on your browser to generate a new problem.
For chain-weighted real GDP, express its value in year
2001prices
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 | 4753 | 2247 | -52.724594992636 |
Real GDP (Laspeyres) | 4753 | 3727 | -21.586366505365 |
Real GDP (Paasche) | 2954 | 2247 | -23.9336492891 |
Real GDP (Chain-weighted) | 2909.1147459083 | 2247 | -22.760007897232 |
GDP Deflator (Chain-weighted) | 163.38303625476 | 100 | -38.794135369066 |