Bob and cho iverson live in swarthmore, pa. cho's father, eric, lives in sweden. for each of the following transactions that occur in their lives, identify whether it is included in the calculation of u. s. gdp as part of consumption (c), investment (i), government purchases (g), exports (x), or imports (m). check all that apply.
a. the state of pennsylvania repaves highway pa 320, which goes through the center of swarthmore.
b. cho's father in sweden orders a bottle of vermont maple syrup from the producer's website.
c. bob's employer upgrades all of its computer systems using u. s.-made products.
d. cho gets a new video camera made in the united states.
e. bob buys a sweater made in guatemala

Ange in supply or (ii) a movement along the supply curve. a. during a real estate boom that causes house prices to rise, more homeowners put their houses up for sale. b. many strawberry farmers open temporary roadside stands during harvest season, even though prices are usually low at that time. c. immediately after the school year begins, fewer young people are available to work. fast-food chains must raise wages, which represent the price of labor, to attract workers. d. many construction workers temporarily move to areas that have suffered hurricane damage, lured by higher wages. e. since new technologies have made it possible to build larger cruise ships (which are cheaper to run per passenger), caribbean cruise lines have offered more cabins, at lower prices, than before. 2. in the following three situations, the market is initially in equilibrium. after each event described below, does a surplus or shortage exist at the original equilibrium price? what will happen to the equilibrium price as a result? a. in 2010 there was a bumper crop of wine grapes. b. after a hurricane, florida hoteliers often find that many people cancel their upcoming vacations, leaving them with empty hotel rooms. c. after a heavy snowfall, many peop