Suppose We Have the Following Information About a Shoe Manufacturer

question 53

Multiple Choice

Suppose we have the following information about a shoe manufacturer: wages $100,000,sales $500,000,taxes $50,000,loan interest $10,000,leather purchases $170,000,rubber purchases $130,000. What is the contribution of this manufacturer to GDP using the income approach?

• A) $500,000.
• B) $300,000.
• C) $200,000.
• D) $40,000.

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Definitions:

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