Spending on financial assets ________ counted as part of GDP ________.

Name: Spending on financial assets ________ counted as part of GDP ________.
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Spending on financial assets such as stocks, bonds, and mutual funds is not counted as part of GDP because their purchase is not spending on goods or services that directly contribute to the production of new goods and services. GDP only includes final goods and services, not intermediate goods, and financial assets are not considered final goods.

Spending on Financial Assets ________ Counted as Part of GDP