Does this count in GDP?
Juan buys some government bonds as a gift for his grandson
a. Yes, it counts in GDP as it represents a financial transaction and adds to investment spending.
b. No, it does not count in GDP as it is a transfer of financial assets and does not represent a production of goods or services.
c. Yes, it counts in GDP as it reflects a form of consumer spending on financial assets.
d. No, it does not count in GDP as it represents a transfer of existing financial assets and does not contribute to current economic production.