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

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

a) A student gets her haircut from a self-employed hairdresser.

b) The hairdresser buys a pair of scissors from the Ace Beauty Supply Company.

c) Out of each day’s revenue, the hairdresser puts $5 in her piggybank.

d) Each time she has enough set aside, the hairdresser buys a GM share.

e) GM expands its computer facilities in its head office.

f) American tourists go skiing in the Canadian Rockies.

g) Two Canadians go to Tokyo and stay at the Hilton Hotel.

h) Russia buys beef from Alberta cattle ranchers.

i) The province of Saskatchewan pays for the building of a new highway