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The below table of events may affect GDP. For each event, determine if the transaction falls in Consumption {C}, Government spending [G] or Investment (I).
The below table of events may affect GDP. For each event, determine if the transaction falls in Consumption {C}, Government spending [G] or Investment (I). Ignore the international sector and assume that all transactions occur in the same yeah Which transactions are counted in C? Table 2 Trnmction C. E, III or none? Value A The City of Springfield pars a summer intern 53,500 for a .l, 1 summer' 5 work. ' ' B The intern uses $1,500 to pay rent. ? ? C The intern use: $7,500 to pay tuition. ? ? D The intern buys $10,011! worth of Eitooin. '2' ? E The intern buysamund trip airfare to New York( 3500) ? 7 The intern's landlord pays $8,900 to replace the from picture F window in the intern's apartment bee-use the intern rented , 1 the place out for the weekend while in New York and the renter held a kegger that got out of control. OAII OA,B,C,E,F OB,C,E O B,C,D,E
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