The GDP of United States is about $20 Trillion. Assuming 330 million citizens, what is the...
The GDP of United States is about $20 Trillion.
Assuming 330 million citizens, what is the per capita income?
Assuming 20 percent of per capita is available as disposable income, what is the disposable income per person?
Homework Answers
Per capita income= GDP/Population= $20 trillion/330 million= $60606.06
Disposable income per person= 20%*$60606.06= $ 12121.2
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