Dynamic calculated Columns and Measures based on Filter Selections Variables

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This Video gives you a detail step-by-step information on the creation of Dynamic Measures based on variables in Power BI
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can we create a dynamic column based on filter selection ? For an example if I select 2014 then in a new table 2014 will be Current as a text and for other years it will be old as text.

Year Type
2014 Current
2013 Old
2012 Old

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