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Basic Question 1 of 4
Which one should be counted toward U.S. GDP?
B. An American purchases domestic stocks at NYSE.
C. A stockbroker helps an investor buy a portfolio of stocks for $100,000, receiving $800 as commission.
A. When a wholesale distributor sells steak to a restaurant, the restaurant owner pays $400 to the distributor.
B. An American purchases domestic stocks at NYSE.
C. A stockbroker helps an investor buy a portfolio of stocks for $100,000, receiving $800 as commission.
User Contributed Comments 3
| User | Comment |
|---|---|
| danlan | C: It's not considered as a transaction fee. |
| To-be-CFA | Commissions are counted in GDP. |
| tybe0012 | SERVICES ARE INCLUDED IN GDP |
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Tamara Schultz
Learning Outcome Statements
compare gross domestic product and gross national product;
CFA® 2024 Level I Curriculum, Volume 2, Module 14.