Asked • 05/24/19

If a retailer consumes a good he bought from the producer, does that get accounted into the GDP of a nation?

Let's say we have a soft-drinks store. Say the store sells Pepsi and Coke. If the retailer drinks a bottle of coke from his own store, does that get counted into the GDP of a nation?Or is it only counted if someone else apart from the store owner consumes it by paying for it?How does this work?

1 Expert Answer

By:

Giorgio S. answered • 05/28/19

Tutor
New to Wyzant

Former College Professor of Economics with 23 years of experience

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