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

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?

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