33. A city with a 1.25 multiplier effect receives 50 Million visitors in total (both domestic and...

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33. A city with a 1.25 multiplier effect receives 50 Million visitors in total (both domestic and international) each tourist spending on average 1,000 USD within the city. Using the simple economic impact formula (Economic impact = Number of Tourists * Average Spending per Visitor * Multiplier), we calculate the economic impact of tourism for this city. Which of the following is the correct result of this calculation? Group of answer choices Depends on the currency of the visitors 50 Billion USD 75 Billion USD 62.5 Billion USD We cannot determine

Posted Date: Jun 14, 2024 12:56 AM

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33. A city with a 1.25 multiplier effect receives 50 Million visitors in total (both domestic and...

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