I am having an issue with converting foreign currency GDP to US dollar,
I am having an issue with converting foreign currency GDP to US dollar,
sample question below, what is the correct formula I should be using?
– India has a GDP of 23,000 billion Indian rupees, and a population of 1.1 billion. The exchange rate is 50 rupees per U.S. dollar. Calculate the GDP per capita of India as measured in U.S. dollars.