In 2010, American net borrowings from abroad, per person, in current dollars, amounted to approximately:
A)$100.
B)$220.
C)$1,675.
D)$10,000.

Question

Quizplus · Accepted Answer

According to the data from the World Bank, in 2010, the US had a net borrowing of $538.9 billion from abroad. The US population in 2010 was approximately 308 million. Therefore, the net borrowing per person would be approximately $1,675.

In 2010, American Net Borrowings from Abroad, Per Person, in Current