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Price of X in 2000: 58
Quantity of X in 2000: 26

Price of Y in 2000: 45
Quantity of Y in 2000: 30

Price of X in 2001: 84
Quantity of X in 2001: 56

Price of Y in 2001: 41
Quantity of Y in 2001: 6

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 28584950 73.198040587824
Real GDP (Laspeyres) 28583518 23.093072078376
Real GDP (Paasche) 34144950 44.991212653779
Real GDP (Chain-weighted) 3692.86846108534950 34.042142366078
GDP Deflator (Chain-weighted) 77.392412703485 100 29.211632648193