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A clothing company pays $50,000 to import 10,000 white cotton t-shirts from Bangladesh. They pay $25,000 toa separate company to have a design printed on
A clothing company pays $50,000 to import 10,000 white cotton t-shirts from Bangladesh. They pay $25,000 toa separate company to have a design printed on the t-shirts, and $45,000 in wages to employees working forthe business. In the end, they sell 9,000 t-shirts for $20 each, and dispose of the remaining 100 t-shirts, whichthey weren't able to sell. Using the value-added approach, what is the impact of this company on GDP?A)$45,000.B)$70,000.C)$105,000.D)$125,000.E)$180,000
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