Question

In 2000, the U.S. government federal debt was 5.67 trillion and the U.S. population was 282 million people. Calculate the federal debt per capita for the U.S. in 2000. How much federal debt was there per person?

Answer 1

The federal debt per capita for the United States in 2000, when the federal debt was $5.67 trillion and the population was 282 million, was $20,106.38 per person.

Step-by-step explanation:

To calculate the federal debt per capita in the United States for the year 2000, you divide the total federal debt by the population. The federal debt at that time was $5.67 trillion, and the U.S. population was 282 million people.

The calculation is as follows:

Federal debt per capita = Total federal debt ÷ U.S. population

Thus,

Federal debt per capita = $5,670,000,000,000 ÷ 282,000,000

Federal debt per capita = $20,106.38

Therefore, the federal debt per person in the United States in the year 2000 was $20,106.38.