No it is not a part of GDP. However, if you paying some kind of fees for you broker to do certain trnsaction this would be count as a part o GDP
Investment.
no. remember that GDP is a measure of the total market value of a country's output at a "given time period" .When making a Pure financial transaction no "current" production has taken place.The value of what is being exchanged was already counted as part of GDP at the time it was produced.Clear cases seen in buying stocks or Bonds,its simply swapping one assets for another.In short pure financial transactions are not included to prevent DOUBLE counting.
Yes and no. Simply, no. Charity is not a component of GDP. Practically though, yes it is counted because charities have to purchase things or give money to people who in turn purchase things. This becomes the biggest portion of GDP: consumption. Say you donate $1,000 to Habitat for Humanity. This $1,000 is NOT calculated in GDP. But Habitat will then turn around and purchase lumber, nails, dry wall, insulation, etc etc etc with that $1,000. At that point it becomes part of GDP.
National income is a part of GDP. GDP is a broader term.
No, selling an existing home is not counted in GDP, because nothing is being "produced". A NEW home sale would be counted.
stocks and bonds.
Investment.
no. remember that GDP is a measure of the total market value of a country's output at a "given time period" .When making a Pure financial transaction no "current" production has taken place.The value of what is being exchanged was already counted as part of GDP at the time it was produced.Clear cases seen in buying stocks or Bonds,its simply swapping one assets for another.In short pure financial transactions are not included to prevent DOUBLE counting.
Yes and no. Simply, no. Charity is not a component of GDP. Practically though, yes it is counted because charities have to purchase things or give money to people who in turn purchase things. This becomes the biggest portion of GDP: consumption. Say you donate $1,000 to Habitat for Humanity. This $1,000 is NOT calculated in GDP. But Habitat will then turn around and purchase lumber, nails, dry wall, insulation, etc etc etc with that $1,000. At that point it becomes part of GDP.
National income is a part of GDP. GDP is a broader term.
No, selling an existing home is not counted in GDP, because nothing is being "produced". A NEW home sale would be counted.
Stocks and shares are counted in the GDP, they are investments that are paid by money, it would increase the product, just like investments by coporate.
GDP can be thought of as CIGXM.C: Consumption - private spending by consumersI: Investment - includes equipment, inventory, and new homesG: Government spending - does not include transfer paymentsX: Exports - goods or services that an entity chooses to produce for another entityM: Imports - goods and services from another entity (this combined with the X term is sometimes referred to as "net exports").Transfer payments: social security, welfare, stocks, bonds, and any other transfer of funds in which nothing is producedUsing this method, the equation for GDP is GDP=C+I+G+(X-M).
Yes. Sale of a product to the end user is part of GDP calculation
Consumption is the largest part of GDP.
As at 19Mar09 GBP1 was worth USD1.4285
If it involves purchasing a service, a haircut contributes to the GDP. However, if you just get your mom to cut your hair in the backyard for free or something that would not contribute to the GDP.