Solved

We Learn the Following About a Ski Resort: Ticket Sales

Question 1

Multiple Choice
We learn the following about a ski resort: ticket sales $100M,snow making expenses $70M,wages $20M,interest on business loans $5M,and profits $5M. What is the contribution to GDP using the product approach?
A) $70M
B) $80M
C) $95M
D) $100M

We learn the following about a ski resort: ticket sales $100M,snow making expenses $70M,wages $20M,interest on business loans $5M,and profits $5M. What is the contribution to GDP using the product approach?


A) $70M
B) $80M
C) $95M
D) $100M

Correct Answer:

verifed

Verified

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents