Question

In 2014, U.S. gross domestic product (GDP) was roughly $17.4 trillion. Given that the U.S. population was roughly 319 million people, per capita GDP in the United States in 2014 was roughly: ________

Answer 1

$54,545

Step-by-step explanation:

Step 1: Calculate the GDP

1 trillion = 1000 billion

$17.4 × 1000 = $17400 million

The GDP of the U.S. is 17400 million dollars

Step 2: Calculate the per capita GDP

GDP = 17400 million

Number of people = 319 million

Divide total GDP to number of people

`(17400)/(319) \\\\= 54.5454`

The United States in 2014 was roughly 54,545 dollars.