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FINANCIAL LITERACY The gross domestic product (GDP) for the United States in 2008 was $14.204 trillion, and the GDP per person was $47,580. Use order of magnitude to approximate the population of the United States in 2008.

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raphealnwobi

The population of the United States in 2008 is 298528793.

GDP

Gross domestic product (GDP) is the total monetary or market value of all the finished goods and services produced within a country's over a specific time period

GDP per person = GDP / Population

From the question, GDP = $14.204 trillion, GDP per person was $47,580. Hence:

47580 = 14.204 * 10¹² / Population

Population = 298528793

The population of the United States in 2008 is 298528793.

Find out more on GDP at: https://brainly.com/question/1383956

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