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In May​ 2013, the value of the Consumer Price Index​ (CPI) in a certain​ country, Polonia, reached an​ all-time high of 238 index points and per capita nominal GDP was ​$51, 700. In January​ 1950, the CPI was at its lowest at 72 index points. Per capita nominal GDP in 1950 was ​$7, 700.Calculate real GDP per capita for 1950 by converting that​ year's nominal GDP per capita into current​ (2013) dollars.For​ 1950, real GDP per capita​ (in 2013​ dollars) was ​$_________.

1 Answer

1 vote

Answer:

37

Step-by-step explanation:

Just do the math and you'll find that is 37

User Aida E
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