Question

At the end of a year, the gross debt of a country stood at about $24 trillion. Express this amount in dollars per person, assuming that the population of the country is about 298 million

Answer 1

Answer: $80536.9

Explanation:

From the question, at the end of a year, the total debt of a country stood at about $24 trillion and the country has a population of 298 million.

To calculate the amount in dollars per person, we divide the gross debt by the population. This will be:

= 24 trillion ÷ 298 million

= 24,000,000,000,000 ÷ 298 000 000

= 80536.9

The amount in dollar per person will be $80536.9