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2. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the all

2. Activities included (and not included) in the calculation of GDP The gross domestic product (GDP) of the United States is defined as the all in a given period of time.3. Categories of expenditures Eric and Ginny Gaffney live in Conshohocken, PA. Ginny's father, Kenji, 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. Transaction C I G X M Eric's employer upgrades all of its computer systems using U.S.-made parts. Ginny's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. The Pennsylvania Department of Transportation, a state administration, fixes potholes along PA highway 23, which feeds into the center of Conshohocken. Eric buys a bottle of Italian wine. Ginny gets a new video camera made in the United States

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