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At the end of a year, the gross debt of a country stood at about \( \$ 23 \) trillion. Express this amount in dollars per person, assuming that the population of the country is about 320 million.

Ask by Goodwin Valdez. in the United States
Feb 04,2025

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The gross debt per person is \$71,875.

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Bonus Knowledge

To find the gross debt per person, you simply divide the total debt by the population. So, \( \$ 23 \) trillion is \( 23,000,000,000,000 \), and dividing that by the population of 320 million (or \( 320,000,000 \)) gives you: \[ \frac{23,000,000,000,000}{320,000,000} \approx 71,875 \] So, the gross debt per person in this country is approximately \( \$ 71,875 \). That's a hefty number, and it underscores the importance of understanding economic policies and their impact on citizens!

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