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Should the purely financial transactions be included in GDP calculations?
Wiki User
∙ 13y ago
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.
Wiki User
∙ 13y ago
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To say that all transactions should be voluntary this statement involves?
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