Economics Today: The Macro View (18th Edition)
Economics Today: The Macro View (18th Edition)
18th Edition
ISBN: 9780133884876
Author: Roger LeRoy Miller
Publisher: PEARSON
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Chapter 8, Problem 1FCT
To determine

Why do you think that the BEA decided to count as intangible investment only the estimated values of copyrighted artwork, musical performance, and videos while excluding estimated values of similar items posted on the Web for free download.

Introduction: Intangible investment is the amount invested in the economy in the sale, development and acquisition of assets that are intangible in nature – such as copyrighted material, music and videos, goodwill, patents, trademarks etc.

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