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The data below is the total spending (in millions of dollars) on drugs and other non-durable products for your assigned state (or DC). You need

The data below is the total spending (in millions of dollars) on drugs and other non-durable products for your assigned state (or DC). You need to convert this data to spending per capita in constant 2020 dollars.

Go to the FRED database at https://fred.stlouisfed.org/

Search for the PCEPI. Change the frequency to annual. Using that price index (this is a national index; there isn't a PCE index for each state), convert the following to 2020Q3 dollars.

Again using the FRED database, find the population for your state. The symbol is usually the two letter abbreviation for the state and POP. New York, for example, would be NYPOP.

Using this information, covert the spending below into spending per capita, in 2020Q3 dollars. Keep in mind that the values below are in millions of dollars and you want your answers in dollars. Enter your results for the years 1991, 2001, 2011, and 2014 only.

1991 1189

1991 1225

1991 1272

1991 1360

1991 1464

1991 1581

1991 1758

1991 1918

1991 2222

1991 2528

1991 2807

1991 3080

1991 3417

1991 3684

1991 4019

1991 4344

1991 4713

1991 4989

1991 5397

1991 5496

1991 5574

1991 5643

1991 5502

1991 5841

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