A United States based Airline bought an airplane from a German Manufacturer for $1 Million. Throughout the year, this arline made 150 trip between New York City and London. Each plane ticket is worth $200. There are a total of 300 passengers on each ight. 60% of the passengers are from the United States whereas the other 40% are from outside the United States. Each ight has a crew of 10 people who each earn $100 per ight. What is the contribution to the United States GDP using the expenditure approach? (a) $9,000,000 in Consumption (b) $9,000,000 in Consumption, $1,000,000 in Investment, -$1,000,000 inImports (c) $6,300,000 in Consumption, $500,000 in Investment, $4,200,000 in Ex-ports, -$1,000,000 in Imports (d) $5,400,000 in Consumption, $1,000,000 in Investment, $3,600,000 inExports, -$1,000,000 in Imports
A United States based Airline bought an airplane from a German Manufacturer for $1 Million. Throughout the year, this arline made 150 trip between New York City and London. Each plane ticket is worth $200. There are a total of 300 passengers on each ight. 60% of the passengers are from the United States whereas the other 40% are from outside the United States. Each ight has a crew of 10 people who each earn $100 per ight. What is the contribution to the United States
(a) $9,000,000 in Consumption
(b) $9,000,000 in Consumption, $1,000,000 in Investment, -$1,000,000 in
Imports
(c) $6,300,000 in Consumption, $500,000 in Investment, $4,200,000 in Ex-
ports, -$1,000,000 in Imports
(d) $5,400,000 in Consumption, $1,000,000 in Investment, $3,600,000 in
Exports, -$1,000,000 in Imports
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