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vredina [299]
3 years ago
9

Approximately how large is the federal debt per capita

Business
1 answer:
jeyben [28]3 years ago
8 0
The current US national debt stands at about $20.4 trillion, or roughly 2.04\times10^{13} dollars. For comparison, the US population is currently around 323 million people, or 3.23 \times 10^{8} people.

To find the amount of that debt each citizen shoulders, we can divide the two:

\frac{2.04\times10^{13}}{3.23\times10^{8}} \\\\ = \frac{2.04}{3.23}\times 10^{5}

Dividing 2.04 by 3.23 gets us approximately 0.632, so the total debt of each citizen would be about

0.632\times10^{5}=0.632\times100,000=6320

So, the US has a per capita federal debt of roughly $63200
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Explanation:

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3 years ago
What are the primary functions of a central bank?
Vesnalui [34]

Answer:

The correct answer is:

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Explanation:

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