Spending on financial assets ________ counted as part of GDP ________.
A)may be;as long as their value increases
B)is not;because their purchase is not spending on goods or services
C)is;because the cash exchanged represents an expenditure
D)is;as long as their purchase produces income
E)is not;because interest must be paid on them

Question

Quizplus · Accepted Answer

GDP measures the total value of goods and services produced within a country's borders during a specific period, and financial assets are not goods or services. Thus, spending on financial assets does not count as part of GDP.

Spending on Financial Assets ________ Counted as Part of GDP