tempts Score 1 Categories of expenditures ake and Latasha M

tempts: Score: /1 . Categories of expenditures ake and Latasha Malik live in Victoria, BC. Latasha\'s father, Nick, lives in Sweden. or each of the following transactions that occur in their lives, identify whether it is included in the calculation of (C), investment (C), government purchases (G), exports (X), or imports (M). Check all that apply. Canadian GDP as part of consumptior Transaction Latasha\'s father in Sweden orders a bottle of Canadian maple syrup from the producer\'s website. Latasha gets a new video camera made in Canada. The runways at Victoria International Airport are expanded by Transport Canada, which is just a few kilometres from Jake and Latasha\'s house. Latasha buys a new BMW, which was assembled in Germany. Jake\'s employer upgrades all of its computer systems using Canadian-made parts. Save & Continue Continue without saving View in your browser MY ACCOUNT Best,

Solution

Consumption (C)  consists of expenditures by individuals on goods or services , such as Latasha gets a new video camera made in Canada, Latasha buys a new BMW, which was assembled in Germany.

Investment (I) consists of the amount of expenditure by company/ individual in earning profits in future such as Jake\'s employer upgrades all of its computer systems using Canadian-made parts.

Government spending (G) consists of the amount that is spent by the government for well being of the society such as the runways at Victoria international airport are expanded by transport canada , which is just a few kilometres from Jake\'s and Latasha\'s house.

Exports (X) consists of the amount of goods or services that is exported from Canada such as Latasha\'s father in Sweden orders a bottle of Canadian maple syrup from the producer\'s website. It will not include in Candian consumption , it will include in Sweden\'s GDP consumption.

Imports (M) consists of the amount of goods or services that is imported from another country by Canada such as Latasha buys a new BMW, which was assembled in Germany.