Illustrate what is the total contribution to gdp

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Reference no: EM1355459

A Paper Company produces 1 million euros worth of paper and sells it to a book publisher, which prints 100,000 copies of an economics textbook for which it paid an economics professor 500,000 euros to write. The publisher sold the textbooks to university bookstores nationwide for 3 million euros. The university bookstores received 4 million euros from students in exchange for the books.

Illustrate what is the total contribution to GDP from the above events?

A. 5.5 million euros

B. 8.5 million euros

C. 3 million euros

D. 4 million euros

Reference no: EM1355459

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