Question

Decide whether the following statement makes sense​ (or is clearly​ true) or does not make sense​ (or is clearly​ false). Explain your reasoning. In​ total, the 300 million people in a certain country spend about a billion dollars per year on housing costs​ (rent and home mortgage​ payments).

Answer 1

9514 1404 393

Answer:

False

Explanation:

The average spending per person for a year's housing cost would be ...

10^9/(3×10^8) ≈ 3.33 . . . dollars per person per year

Even in the world's poorest countries, housing costs are much greater than this. The statement does not make sense.