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Price of X in 2000: 84
Quantity of X in 2000: 5

Price of Y in 2000: 31
Quantity of Y in 2000: 56

Price of X in 2001: 1
Quantity of X in 2001: 6

Price of Y in 2001: 14
Quantity of Y in 2001: 100

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 21561406 -34.786641929499
Real GDP (Laspeyres) 21563604 67.161410018553
Real GDP (Paasche) 7891406 78.200253485425
Real GDP (Chain-weighted) 814.218918066921406 72.680831751989
GDP Deflator (Chain-weighted) 264.79365096535 100 -62.234744059976