Final answer:
The US GDP for 2014 can be expressed in scientific notation as 1.7555x10^13 dollars and the population as 3.20x10^8 people. To find the GDP per capita in scientific notation, divide the GDP by the population, which equals 5.49x10^4 dollars.
Step-by-step explanation:
The US GDP for 2014 was a reported $17.555 trillion dollars, which can be written in scientific notation as 1.7555×1013 dollars. The current US population is approximately 320 million people, which is 3.20×108 people when expressed in scientific notation.
To calculate the current GDP per capita using scientific notation, we divide the GDP by the population:
GDP per capita = × ×10 / × ×10 = × ×10
1.7555×1013 / 3.20×108 = 5.4859375×104
Rounding to the nearest hundredth, the GDP per capita is 5.49×104 dollars.