1. In 2010 Forbes magazine listed Bill Gates, the founder of Microsoft, as the richest person in...
Question:
1. In 2010 Forbes magazine listed Bill Gates, the founder of Microsoft, as the richest person in the United States.
His personal wealth was estimated to be $53 billion.
Given that there were about 309 million people living in the United States that year, how much could each person have received if Gates’ wealth had been divided equally among the population of the United States?
(Hint: A billion is a 1 followed by 9 zeros, while a million is a 1 followed by six zeros.) LO1
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Essentials Of Economics
ISBN: 9780077502140
3rd Edition
Authors: Stanley Brue, Campbell McConnell, Sean Flynn
Question Posted: