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9. With the following information, calculate the GNI per capita in US dollars for the following countries using the exchange rate. Next, calculate the PPP
9. With the following information, calculate the GNI per capita in US dollars for the following countries using the exchange rate. Next, calculate the PPP adjusted per capita GNI. Country Consumer Price Index (CPI) Dollar Exchange rate Units Produced Population $100 United States $1 = $1 3 Billion 300 Million Nigeria N65 $1 = N360 800 Million 185 Million 120 $1 = 0.9 2 Billion United Kingdom 100 Million Note: GNI = CPI * Units Produced Per Capita GNI = GNI/Population Hint: For PPP adjusted GNI, use CPI to calculate PPP implied exchange rates, and use that to convert Local currency GNI to US dollars
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