Microeconomics
Microeconomics
5th Edition
ISBN: 9781319098780
Author: Paul Krugman, Robin Wells
Publisher: Worth Publishers
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Chapter 18, Problem 1P
To determine

The change in poverty threshold, CPI and GDP per capita.

Concept Introduction:

GDP per capita refers to GDP divided by the total population. It is a measure of a country’s gross domestic product per person. It is calculated by,

Microeconomics, Chapter 18, Problem 1P

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