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500 mcg stands for 500 micrograms, which is a unit of measurement commonly used in medicine and nutrition. One microgram is one-millionth of a gram, so 500 mcg is equal to 0.5 milligrams. This measurement is often used to quantify the dosage of vitamins, medications, or other substances where precise amounts are important.
Only Ford wold know for sure but the name 500 was used by Ford in the 50s & 60s on the Fairlane 500 and Galaxy 500. I guess Ford just decided to use it on the car that replaced the Taurus.
1000 an easy way to do this is to add 5 plus 5 which = 10 then add the two zeros in 500 because you already used the 5 when you added them which = 1000 :)
500 billion liters
500+500 = 1000