3. categories of expenditures yakov and ana wong live in swarthmore, pa. their son, charles, 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 (i), government purchases (g), exports (x), or imports (m). check all that apply. transaction c i g x m the federal aviation administration expands the runways at philadelphia international airport, which is just a few miles from yakov and ana's house. ana gets a haircut. yakov's employer assigns him to provide consulting services to an australian firm that's opening a manufacturing facility in china. charles buys a new set of tools to use in his plumbing business. ana buys a new bmw, which was assembled in germany.

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.