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.
Correct Answer:
Verified
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