Categories of expenditures
Manuel and Poornima Taylor live in Swarthmore, PA. Poornima's father, Shen, lives in Sweden.
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
The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore.
Poornima's father in Sweden orders a bottle of Vermont maple syrup from the producer's website.
Poornima gets a new video camera made in the United States.
Manuel buys a bottle of Italian wine.
Manuel's employer upgrades all of its computer systems using U.S.-made parts.

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Tundexi Tundexi · Answer 1 · 2021-02-27T01:54:14+01:00

Answer:

The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore

To be included in the calculation of GDP as: Government spending

Poornima's father in Sweden orders a bottle of Vermont maple syrup from the producer's website

To be included in the calculation of GDP as: Exports

Poornima gets a new video camera made in the United States

To be included in the calculation of GDP as: Consumption

Manuel buys a bottle of Italian wine

To be included in the calculation of GDP as: Consumption and Imports

Manuel's employer upgrades all of its computer systems using U.S.-made parts.

To be included in the calculation of GDP as: Investment