Question

In mid-2015 the U.S. population was about 321 million. The national debt was well over $18 trillion. In millions of dollars, the debt was $18,151,998. How much did each American owe in mid-2015? Report your answer in thousands of dollars rounded to the nearest whole number.

Answer 1

here given data are:-

population = 321 million = 321000000

national debt = $ 18151998 millions = 18151998000000

so, dept per person be:-

= (national debt) / (population)

= 57 thousands of dollars.

each American owe $ 56548 or   57 thousands of dollars in mid-2015.

***in case of doubt, comment below. And if u liked the solution, please like.