Describe how following transactions are accounted for in

Reference no: EM13395408

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.

Reference no: EM13395408

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