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An Economist Estimates That Casinos in California Net $6 Billion

Question 59

Multiple Choice

An economist estimates that casinos in California net $6 billion each year. Assume that overall the casinos take in 4.25% of the money wagered. How much money was bet in California last year?


A) $141 billion
B) $26 billion
C) $71 billion
D) $165 billion

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