Current CPI - CPI of base year --------------------------------------------- CPI of base year x100

GDP figure x base year index -------------------------------------------- Current year index

GDP of a country --------------------------------------- Population of that country

Calculations Flashcards by Nafisa Khanom

Inflation rate

CPI of base year

x100

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Nominal GDP

GDP figure

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Real GDP

Current year index

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GDP per capita

Population of that country

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