If an investor purchased $50,000 of IBM stock on the New York Stock Exchange, this would

Question

Quizplus · Accepted Answer

Purchasing existing stocks or financial assets does not directly affect the Gross Domestic Product (GDP) because GDP measures the value of goods and services produced within a country in a specific period. Buying and selling existing stocks is merely a transfer of ownership of financial assets, not a production of new goods or services.

If an Investor Purchased $50,000 of IBM Stock on the New