Real Gross Domestic Product = RGDP
Real Gross Domestic Product per Capita = RGDP/Population
RGDP divided by RGDP/Population = Population
Put POP, FRED's version of population on a graph along with Real Gross Domestic Product divided by Real Gross Domestic Product per Capita. If the two come out the same, POP is a good data series to use for "per capita" calculations.
Graph #1 |
Sample usage:
Graph #2: Potential RGDP per Capita |
No comments:
Post a Comment