Okay I'm massively stuck on this for some reason.
I've a whole set of export volume data in nominal US$. I want all the data to be in constant 2000 US$ though.
How do I do this?
Do I simply divide each observation of the value of the observation in 2000? In other words:
Or do I divide each by the inflation rate in time ?
Converting nominal values to real values?
|Applying to Uni? Let Universities come to you. Click here to get your perfect place||20-10-2014|
- Thread Starter
- 5 followers
RegisterThanks for posting! You just need to create an account in order to submit the post Already a member? Sign in
Oops, something wasn't right
please check the following: