Question

United States facing a budget deficit of 1.5 billion, population was 3.9 million how much would each person have to contribute to pay a 1.5 deficit, round answer

Answer 1

Answer:

Each person would have to contribute to contribute $385 to pay a 1.5 deficit.

Step-by-step explanation:

To determine:

How much would each person have to contribute to pay a 1.5 deficit if United States facing a budget deficit of 1.5 billion and 3.9 million population?

Fetching Information and Solution Steps:

• United States facing a budget deficit of 1.5 billion
• Population = 3.9 million

We have to determine how much would each person have to contribute to pay a 1.5 deficit.

Just dividing 1500 millions (1.5 billion) by 3.9 million as:

$\frac{1500}{3.9} =384.6153$

which is rounded to $385.

Therefore, each person would have to contribute to contribute $385 to pay a 1.5 deficit.

Keywords: deficit

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