Of the showroom price of the Pontiac Le Mans produced by General Motors, which of the following receive a part of the share that goes to Americans?
(A) Workers and management in Detroit
(B) Lawyers and bankers in Washington
(C) Lobbyists in Washington
(D) General Motors shareholders all over the country
(E) Workers and management in New York
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → A, C and D only
(A) Workers and management in Detroit — Correct. Workers and management in Detroit get part of the $7,600 of the showroom price that goes to Americans.
(B) Lawyers and bankers in Washington — Incorrect. Lawyers and bankers do get a share, but they are in New York. Washington is the home of the lobbyists.
(C) Lobbyists in Washington — Correct. Lobbyists in Washington are part of the American share of the showroom price.
(D) General Motors shareholders all over the country — Correct. General Motors shareholders all over the country also receive part of the $7,600 that goes to Americans.
(E) Workers and management in New York — Incorrect. The workers and management who get a share are in Detroit. New York is the place of the lawyers and bankers.
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