Business, 22.02.2021 19:20 roxyfranciscus

For the transactions given determine if they contribute to the calculation of GDP as total spending and categorize them according to GDP component (Consumption, Investment, Government purchases, or Net exports). Consumption Investment Government purchases Net exports Not counted in GDP as final spending
1. American consumers import $3.5 billion of woven apparel from Bangladesh.
2. The U. S. government spends $523.1 billion on national defense.
3. Entrepreneur and Shark Tank investor Barbara Corcoran purchases 15% of Cousins Maine Lobster food truck company for $55,000.
4. Molly Maid provides house cleaning services across the United States.
5. Michelin sells tires to Nissan to install on their 2019 Sentras that are produced and sold in the United States.

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