When the Art Institute of Chicago purchases a painting by Mary Cassatt that she produced in Paris in 1885, this would not be included in the U.S.GDP for 2011.

Name: When the Art Institute of Chicago purchases a painting by Mary Cassatt that she produced in Paris in 1885, this would not be included in the U.S.GDP for 2011.
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The purchase of a painting by a museum is considered a transfer of assets, and is not included in the GDP calculation.

When the Art Institute of Chicago Purchases a Painting by Mary