wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Purely financial activities have no effect on the GDP - either directly or indirectly. State true or false.


A

True

No worries! We‘ve got your back. Try BYJU‘S free classes today!
B

False

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
Open in App
Solution

The correct option is B

False


Financial transactions may have an impact on the GDP, but only indirectly. For example, appreciation of shares of a company will increase the productive capacity of the company.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Items Excluded in GDP
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon