Business, 15.02.2021 20:40 darenl4478
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).
Transaction C I G X M
1. Charles's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China.
2. Dina buys a new BMW, which was assembled in Germany.
3. Gilberto buys a new set of tools to use in his plumbing business.
4. Dina gets a haircut.
5. The Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just a few miles from Charles and Dina's house.
Answers: 2
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For each of the following transactions that occur in their lives, identify whether it is included in...
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