ePny curns almbing buaine For each of the following transact

eP.ny curns almbing buaine For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as part of consumption (C), investment (I), government purchases (G), exports (X), or imports (M). Check all that apply. Transaction Felix buys a sweater made in Guatemala. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. Larry buys a new set of tools to use in his plumbing business. Janet gets a new video camera made in the United States. to an Australian frm that\'s opening . manufacturing facility in China.

Solution

1. Buying from Guatemala makes in the import.

2. That will be an investment for them.

3. That will be an investment.

4. That will be consumption.

5. This will be export of services.

 eP.ny curns almbing buaine For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP as

Get Help Now

Submit a Take Down Notice

Tutor
Tutor: Dr Jack
Most rated tutor on our site