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Antonio and Caroline Smirnov live in Swarthmore, PA. Caroline's father, Dmitri, 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). Check all that apply.
A. Antonio's employer upgrades all of its computer systems using U. S.-made parts. B. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. C. Caroline's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. D. Antonio buys a sweater made in Guatemala. E. Caroline gets a new video camera made in the United States.
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Antonio and Caroline Smirnov live in Swarthmore, PA. Caroline's father, Dmitri, lives in Sweden. For...
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