In may 2013 the value of the consumer price index cpi in a, Ask an Expert

Economics

In May? 2013, the value of the Consumer Price Index? (CPI) in a certain? country, Polonia, reached an? all-time high of 240

index points and per capita nominal GDP was? $42000. In January? 1950, the CPI was at its lowest at 68

index points. Per capita nominal GDP in 1950 was $8 comma 8,800.

Calculate real GDP per capita for 1950 by converting that? year's nominal GDP per capita into current? (2013) dollars.For 1950, real GDP per capita? (in 2013? dollars)

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91992766

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