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06-06-2023
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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 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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