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Price of X in 2000: 43
Quantity of X in 2000: 32

Price of Y in 2000: 53
Quantity of Y in 2000: 88

Price of X in 2001: 60
Quantity of X in 2001: 74

Price of Y in 2001: 11
Quantity of Y in 2001: 22

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 60404682 -22.483443708609
Real GDP (Laspeyres) 60404348 -28.013245033113
Real GDP (Paasche) 28884682 62.119113573407
Real GDP (Chain-weighted) 3999.89972843774682 17.052934270147
GDP Deflator (Chain-weighted) 151.00378534637 100 -33.776494562289