Examples: included in GDP? • Interest on an Apple bond • Social security payments received by a retired worker • Unpaid services of a family member for repainting the house • The income of a lawyer • The money received by student when she sells her economics textbook back to the bookstore • The monthly allowance a college student receives from her parents • Rent paid to the landlord by a student • The money received by a student when she resells her car after graduation • An increase in business inventories • The purchase of 1 share of Apple common stock • The purchase of an insurance policy
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Interest on an Apple bond: Yes, included in GDP. This is considered as income earned from financial investments. Show more…
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