The value of the consumer price index

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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)

Reference no: EM131253097

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