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Price of X in 2000: 16
Quantity of X in 2000: 34

Price of Y in 2000: 59
Quantity of Y in 2000: 50

Price of X in 2001: 54
Quantity of X in 2001: 2

Price of Y in 2001: 96
Quantity of Y in 2001: 6

For chain-weighted real GDP, express its value in year

2000

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 3494684 -80.423583285633
Real GDP (Laspeyres) 3494386 -88.952489982828
Real GDP (Paasche) 6636684 -89.692585895118
Real GDP (Chain-weighted) 3494373.0705244123 -89.322537938973
GDP Deflator (Chain-weighted) 100 183.34335071834 83.343350718344