29 田In 2015 Forbes magazine listed Bill Gates, the founder of Microsoft, as the richest person in the United States. His personal wealth wasestimated to be $76 billion. If there were 314 million people living in the United States that year, how much could each person havereceived if Gates' wealth had been divided equally among the population of the United States? (Hint: A billion is a 1 followed by ninezeros while a million is a 1 followed by six zeros.)Instructions: Round your answer to 2 decimal places.< Prev29 of 50NoxtMacBook Air

29) Wealth to be distributed= $76,000,000,000 Total people living in the country= 314,000,000

In 2015 Forbes magazine listed Bill Gates, the founder of Microsoft, as the richest person in the United States. His personal wealth v estimated to be $76 billion. If there were 314 million people living in the United States that year, how much could each person have recelved if Gates' wealth had been divided equally among the population of the United States? (Hint: A billion is a 1 followed by nine zeros while a million is a 1 followed by six zeros.) Instructions: Round your answer to 2 decimal places.

In 2015 Forbes magazine listed Bill Gates, the founder of Microsoft, as the richest person in the United States. His personal wealth v estimated to be $76 billion. If there were 314 million people living in the United States that year, how much could each person have recelved if Gates' wealth had been divided equally among the population of the United States? (Hint: A billion is a 1 followed by nine zeros while a million is a 1 followed by six zeros.) Instructions: Round your answer to 2 decimal places.

Principles of Microeconomics

7th Edition

ISBN:9781305156050

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter20: Income Inequality And Poverty

Section: Chapter Questions

Problem 2CQQ

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