If the debt of the Canadian federal government at the start of this millennium were divided equally among the people in Canada,then the debt per person would equal approximately:

Question

Quizplus · Accepted Answer

At the start of the millennium, which is January 1, 2000, the Canadian federal government's debt was approximately $563 billion CAD. The Canadian population was around 30 million people.

To find the debt per person, we can divide the total debt by the number of people:

Debt per person = $563,000,000,000 ÷ 30,000,000 = $18,766.67

Rounding this to the nearest thousand gives us the answer of B) $19,000.

If the Debt of the Canadian Federal Government at the Start