An organization estimated that in a particular year the population of a country spent $10.8 trillion in personal consumption. The major categories of these expenditures are durable goods ($1.0 trillion; for example, cars, furniture, recreational equipment), nondurable goods ($2.7 trillion; for example, food, clothing, fuel), and services ($6.9 trillion; for example, health care, education, transportation). Complete parts (a) through (e) below.
Question content area bottom Part 1 a. What is the approximate annual per capita spending for personal consumption? Assume a population of 290 million