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Bob bought $5000 worth of Adobe Systems stock. This transaction was brokered by John, who received $50 for his help. I think the $5000 should be included in GDP, and the $50 should not be included in GDP. State whether I am right or wrong with an explanation for your answer.

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emmanuelkossy

Answer:

You are wrong

Explanation:

This is because buying of stock from adobe system does not contribute anything new to the economy and as such does not have an impact on GDP.

What happened was just transfer of partial ownership from Adobe to Bob, so it will not be included in GDP. The help rendered by John was a service, which add to the total output of the economy. Therefore,  $50 will be added to the GDP.

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