Five Ways to Compute the Relative Value of a U.K. Pound Amount, 1270 to Present
| In 1900, the relative price worth of £1846 0s 0d from 1897 is: |
| £1940 0s 0d using the retail price index |
| £1980 0s 0d using the GDP deflator |
| In 1900, the relative wage or income worth of £1846 0s 0d from 1897 is: |
| £1970 0s 0d using the average earnings |
| £2080 0s 0d using the per capita GDP |
| In 1900, the relative output worth of £1846 0s 0d from 1897 is: |
| £2150 0s 0d using the GDP |
If you need help determining which result is most appropriate for you, see Choosing the Best Measure of Relative Worth.
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Citation
Lawrence H. Officer and Samuel H. Williamson,
"Five Ways to Compute the Relative Value of a UK Pound Amount, 1270 to Present," MeasuringWorth, .
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