Describe how transactions are accounted for in expenditure


Explain how the following transactions are accounted for in the expenditure approach of calculating GDP. Denote whether the expenditure approach would categorize the spending as C (household consumption), G (government spending), I (gross private investment), EX(exports), IM (imports), or whether the transaction would be not fall in any of these cate-gories.

A. A housing developer sells 25 newly constructed condos in the Northern Liberties sectionof Philadelphia.
B. A comic book store sells a vintage 1998 Amazing Spiderman comic to an avid collector.
C. Hewlett Packard sells 250 new computers to the Internal Revenue Service (of the USGovernment).
D. Chipotle Restaurant buys 2 tons of avocados from California.
E. Chipotle Restaurant buys 2 tons of avocados from Mexico.

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Microeconomics: Describe how transactions are accounted for in expenditure
Reference No:- TGS0518346

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