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Price of X in 2000: 31
Quantity of X in 2000: 67

Price of Y in 2000: 73
Quantity of Y in 2000: 37

Price of X in 2001: 28
Quantity of X in 2001: 61

Price of Y in 2001: 20
Quantity of Y in 2001: 61

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 47782928 -38.719129342821
Real GDP (Laspeyres) 47786344 32.775219757221
Real GDP (Paasche) 26162928 11.926605504587
Real GDP (Chain-weighted) 2393.11659965542928 22.350912630904
GDP Deflator (Chain-weighted) 199.65596330275 100 -49.913842619184