Dmitri and Frances Cuttner live in Swarthmore, PA. Frances's father, Jake, lives in Sweden.For each
Question:
Transaction CIGXM
Dmitri's employer upgrades all of its computer systems
using U. S.-made parts.
Frances gets a new refrigerator made in the United States.
Dmitri buys a bottle of Italian wine.
The state of Pennsylvania repaves highway PA 320, which
goes through the center of Swarthmore.
Frances's father in Sweden orders a bottle of Vermont
maple syrup from the producer's website.
Answers
Answer and Explanation:
As we know that
Gross domestic product = Consumption + Investment + Government purchase + Net exports
where,
Net exports = Exports - imports
It is the finailzed value of all goods and services that are produced and consumed within the boundary
These are the 5 parts of the gross domestic product. by this we can easily calculate the gross domestic product
Based on the above, the classifications are as follows
Dmitri's employer upgrades all of its computer systems using U.S.-made parts. = Investment as it upgrades all the computer system
Frances gets a new refrigerator made in the United States. = Consumption. As the new refrigerator consume accrodinhg to the need
Dmitri buys a bottle of Italian wine. = Import and consumption. It is an import plus consumption first it is purchased and then after purchasing it is consumed
The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. = Government purchase as it is for the benefit of the general public
Frances's father in Sweden orders a bottle of Vermont maple syrup from the producer's website. = export as it is for the third party so the same come under the export
answer; comparing the additional benefits and costs;
answer target market;