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Price of X in 2000: 64
Quantity of X in 2000: 98

Price of Y in 2000: 62
Quantity of Y in 2000: 58

Price of X in 2001: 46
Quantity of X in 2001: 80

Price of Y in 2001: 73
Quantity of Y in 2001: 16

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 98684848 -50.871503850831
Real GDP (Laspeyres) 98686112 -38.062423996757
Real GDP (Paasche) 87424848 -44.543582704187
Real GDP (Chain-weighted) 8259.36636749374848 -41.303003350472
GDP Deflator (Chain-weighted) 119.47647750362 100 -16.301516340761