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Categories of expenditures Dimitri and Frances Cuttner live in Swarthmore , FA . Their son , Jake , is an artist living in New York City . For Each...

can you help me with the following questions:


Question 1:

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Question 2:


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The first drop down has the following options: government purchases, investment, communication

The second drop don options are: increasing, decreasing

The third drop down options are: an overall increase, no overall change, an overall drcrease

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3 . Categories of expenditures
Dimitri and Frances Cuttner live in Swarthmore , FA . Their son , Jake , is an artist living in New York City .
For Each of the following transactions that occur in their lives , identify whether it is included in the calculation Of U.S. GOP as part of consumption [ [).
investment ( I) , Government quicheSEE ('E), EYDOME IN` , Or imports I'M). CHECK all that apply
Transaction
I
G
Frances gets a NEW refrigerator made in the United States .
The Federal Aviation Administration expands the runways at Philadelphia International Airport , which is just
a few miles from I'mitri and Frances's house .
O'mitri buys a bottle of Italian wine .
The Cutters build an addition on their house .
Jake paints a landscape and Sells it to an art collector in Japan .

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6. Limilations of GDP Although GDP is a reasonably good measure of a nation‘s output, it does not necessarily include all transactions and production for that nation. 1lI'lfhich of the following scenarios are either not accounted for or measured inaccurater by either the income or the expenditure methods of calculating GDP for the United States? Check all that apply. C] The costs of overfishing and other overly intensive uses of resources
C] The value produced when you wash your own car at home
Cl Expenditures on federal highways
C] The variety of goods available to consumers
When a U.S. company purchases and imports automotive parts from Canada to use to build cars within the United States, this purchase increases the 7 component of GDP while also V net exports by the same amount. Therefore, ’d'1e purchase of automotive parts from Canada causes V in US GDP.

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