1. (LO 3) Identify the items in the statements below (from the point of view of the Canadian economy) according to the following code:

C = consumption S = savings G = government spending T = taxes X = exports IM = imports I = investment N = not applicable

a) A Canadian tourist visits Athens.

b) A shipment of Canadian hothouse cucumbers is sent to the United States.

c) A medical doctor in Alberta buys a new car that was built in Ontario.

d) An accountant makes a regular monthly contribution to her RRSP fund.

e) The federal government buys new equipment for the military.