mework (Ch 23) ack to Assignment Attempts Keep the Highest / 1 3. Categories of expenditures Paolo and Sharon Florentine live in Conshohocken, PA. Their son, Van, owns his own plumbing business. 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 (1), government purchases (G), exports (X), or imports (M). Check all that apply. Transaction C I G X M Paolo's employer assigns him to provide consulting services to an Australian firm that's opening a 0 0 0 O O manufacturing facility in China. Sharon buys a new BMW, which was assembled in Germany. 0 0 0 0 0 The Federal Aviation Administration expands the runways at Philadelphia International Airport, which is just O a few miles from Paolo and Sharon's house. Sharon gets a haircut. Van buys a new set of tools to use in his plumbing business. Grade It Now Save & Continue Continue without saving