In January 2009, the state of Nevada was facing a budget deficit of $1.5 billion. The population of the state was approximately 2 million. How much would each person in the state have to contribute to pay this deficit?
please send me the answer to savarywg
To find out how much each person in the state would have to contribute to pay the $1.5 billion budget deficit, we can divide the deficit by the population of the state.
$1.5 billion / 2 million = $750.
Therefore, each person in the state would have to contribute $750 to pay the budget deficit.
To find out how much each person in Nevada would have to contribute to pay the budget deficit, you need to divide the total deficit by the population of the state.
In this case, the budget deficit is $1.5 billion and the population is approximately 2 million.
So, the calculation would be:
$1,500,000,000 / 2,000,000 = $750
Therefore, each person in Nevada would have to contribute $750 to pay off the deficit.
2E6 people x $/person = 1.5E9
Solve for $/person