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Classify each of the following into the components of U.S. GDP: consumption expenditure, investment, government purchases of goods and services, exports, or imports. The purchase
Classify each of the following into the components of U.S. GDP: consumption expenditure, investment, government purchases of goods and services, exports, or imports.
- The purchase in Portland of a Sony DVD player made in Japan.
- A family's purchase of a birthday cake at the local Safeway grocery store.
- Microsoft's purchase of 100 Dell servers.
- The purchase of a new pizza oven by a Pizza Hut in Houston.
- The U.S. government's purchase of 15 stealth fighters.
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