At the end of a year, the gross debt of a country stood at about \( \$ 22 \) trillion. Express this amount in dollars per person, assuming that the population of the country is about 292 million.

To find the debt per person, you would divide the total debt by the population. So, taking \( \$ 22 \) trillion and dividing it by 292 million yields approximately \( \$ 75,342 \) per person. That’s a pretty hefty bill for each citizen! Keep in mind, when analyzing such figures, it's essential to consider factors like the country’s GDP and economic health too. Interestingly, many countries experience different levels of debt per capita, which can influence things like national policies and individual taxation. Just look at Japan, for instance; their per capita debt is among the highest in the world! This shows how interconnected economics and government decisions really are.