Answer-
The average U.S. public debt per American is approximately $29,400
Solution-
Given in the question,
U.S public debt as of October 2010 = $9.06×10¹²
Population of U.S in 2010 = 3.08×10⁸
We have to calculate the average U.S. public debt per American,
[tex]\text{Average debt per American}=\frac{\text{Total debt}}{\text{Population}}\\\\=\frac{9.06\times 10^{12}}{3.08\times 10^8}\\\\=2.9415\times 10^{(12-8)}\\\\=2.9415\times 10^4 \approx 2.94\times 10^4=29,400[/tex]
Therefore, the average U.S. public debt per American is $29,400 (after rounding off)
