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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
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 (1), government purchases (G), exports (X), or imports (M). Check all that apply. Transaction Amy gets a new refrigerator made in the United States. Amy's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. Van buys a bottle of Italian wine. Van's employer upgrades all of its computer systems using U.S.-made parts. The Pennsylvania Department of Transportation, a state administration, fixes potholes along PA highway 23, which feeds into the center of Conshohocken. C > 0 I 0 0 G 0 X M 0 0 0 0 0
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