In May 2013, the value of the Consumer Price Index (CPI) in a certain country, Polonia, reached an all-time high of 194

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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 194 1 (13 KiB) Viewed 20 times

In May 2013, the value of the Consumer Price Index (CPI) in a certain country, Polonia, reached an all-time high of 194 index points and per capita nominal GDP was $38,700. In January 1950, the CPI was at its lowest at 80 index points. Per capita nominal GDP in 1950 was $10,100. 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 $ . (Round your response to one decimal place.)