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Math Help - rc per capita

  1. #1
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    Mar 2010
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    rc per capita

    Hey guys,

    How do you calculate real consumption per capita for a year when you have real consumption share of GDP and real GDP per capita?

    I can't find it anywhere in my lecture notes or online
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  2. #2
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    Joined
    Apr 2010
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    Quote Originally Posted by vsky View Post
    Hey guys,

    How do you calculate real consumption per capita for a year when you have real consumption share of GDP and real GDP per capita?

    I can't find it anywhere in my lecture notes or online
    Verify the real consumption ratio I assumed, I dont know it...

    real consumption share of GDP is a ratio

    consumption/ real GDP = ratio

    real GDP per capita is a ratio as well
    real GDP/people (capita)

    multiply
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