Intuitive understanding of numbers Flashcards
1
Q
$1,000
A
- A week’s wages for the median US household
- 200 lattes at $5 apiece
2
Q
$1,000,000
A
- Payroll of 20 employees each earning $50K
- Annual revenue of an above-average Starbucks location
3
Q
$1,000,000,000
A
- Wealth threshold of the ~1,500 richest people on the planet
- Half the revenue of the 1,000th largest US corporation
4
Q
$1,000,000,000,000
A
- Assets under management of a major worldwide bank
- 1/16th of the US annual GDP
5
Q
100 x 100
A
10,000
