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28 September, 04:59

Transaction C I G X M Paolo buys a new set of tools to use in his plumbing business. Kenji buys a sweater made in Guatemala. Lucia gets a new video camera made in the United States. Kenji's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China. The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore.

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  1. 28 September, 07:41
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    Paolo buys a new set of tools to use in his plumbing business. I: Paolo is investing in his plumbing business by purchasing tools.

    Kenji buys a sweater made in Guatemala. M: Kenji is purchasing an imported good which decreases the GDP.

    Lucia gets a new video camera made in the United States. C: Lucia's purchase increases private consumption.

    Kenji's employer assigns him to provide consulting services to an Australian firm that's opening a manufacturing facility in China. X: Kenji is exporting services to an Australian firm.

    The state of Pennsylvania repaves highway PA 320, which goes through the center of Swarthmore. G: the state government spent money on repaving a highway.
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