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ID: 1103013 • Letter: Y

Question

Your Bookr X tic/nb/uifindex html?nbld-6164618inbNodeld-2262400078 Apps y Suggested Sites OCCPS- Annnal and Plant Cel 2017-1 4870072 Fifth Grade Social St 1BCahndar40 coupons. ohen/Pd Mam to MINDTAP Aplia Homework: Macroeconomic Measurements, Part Il: GDP and Real GDP Due Today at 11 59 PM EDT Back to Assignment Attempts: 3. Categories of expenditures Lorenzo and Neha Strong live in Swarthmore, PA. Neha's father, Sam, lives in Sweden. Average: 11 For each of the foilowing transactions that occur in their lives, identify whether it is included in the calculation of U.S. GOP as part of consumption (C) investment (), government purchases (G), exports (EX), or imports (IM). Check all that apply G EX IM Lorenzo buys a sweater made in Guatemala. Neha gets a new video camera made in the United States Sam in Sweden orders a bottle of vermont maple syrup from the producer's website. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore, Lorenzo's emplover upgrades al of its computer systems using U.S made parts.

Explanation / Answer

1) Imports

Sweater is made in other country so Lorenzo has imported the good.

2) Consumption

3) Export

4) Government purchases

Spending by government on highway.

5) Investment

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