Question: 3 3 . A city with a 1 . 2 5 multiplier effect receives 5 0 Million visitors in total ( both domestic and international

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

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