Federal Taxes and the United States Population Federal Taxes Collected Population 3.18 $3.50 400 3.02 $3.00 2.78 316 | 319 350 320 314 2.45 $2.50 300 $2.00 250 $1.50 200 $1.00 150 $0.50 100 2012 2013 2014 2015 Year Federal Taxes Collected (trillions of dollars) Population (millions)
The bar graph shows the total amount Americans paid in federal taxes, in trillions of dollars, and the U.S. population, in millions, from 2012 through 2015.
a. In 2014, the United States government collected $3.02 trillion in taxes. Express this number in scientific notation.
b. In 2014, the population of the United States was approximately 319 million. Express this number in scientific notation.
c. Use your scientific notation answers from parts (a) and (b) to answer this question: If the total 2014 tax collections were evenly divided among all Americans, how much would each citizen pay? Express the answer
in decimal notation, rounded to the nearest dollar.
It is given that the tax collected by US government in the year 2014 was trillion and the population
of US in the same year was 319 million.
We have to express these numbers in the scientific notation. For this, we have to determine the value of
a trillion and a million.
Part a
The tax collection is trillion. We know that 1 trillion is equal to . So we get,
This implies that trillion is equal to .
Therefore, the tax collection in 2014 is .
Step by step
Solved in 4 steps