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Business, 16.06.2020 17:57 CalCDanG

In May 2013, the value of the Consumer Price Index (CPI) in a certain country, Polonia, reached an all-time high of 237 index points and per capita nominal GDP was $61,100. In January 1950, the CPI was at its lowest at 71 index points. Per capita nominal GDP in 1950 was $8,300.
Calculate real GDP per capita for 1950 by converting thatyear's nominal GDP per capita into current (2013) dollars. For 1950, real GDP per capita (in 2013 dollars)

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In May 2013, the value of the Consumer Price Index (CPI) in a certain country, Polonia, reached an a...
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