Nominal GDP was $9,817 billion in 2000 and $18,569 billion in 2016 The chain weighted price deflator (price index) for GDP was 81 9 in 2000 and 111 4 in 2016 Calculate real GDP for 2016 using 2000 prices By how much did real GDP increase between 2000 and 2016 By how much did nominal GDP increase between 2000 and 2016

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Nominal GDP was $9,817 billion in 2000 and $18,569 billion in 2016. The chain-weighted price deflator (price index) for GDP was 81.9 in 2000 and

Nominal GDP was $9,817 billion in 2000 and $18,569 billion in 2016. The chain-weighted price deflator (price index) for GDP was 81.9 in 2000 and 111.4 in 2016.

Calculate real GDP for 2016 using 2000 prices.
By how much did real GDP increase between 2000 and 2016?
By how much did nominal GDP increase between 2000 and 2016?

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