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 2FCT
To determine

Why do you suppose that some economists have expressed concerns about the possibility that GDP may become a more subjective measure of economic activity as intangible investment becomes a larger fraction of GDP in the future?

Introduction:

The Gross Domestic Product is the total value of goods and services produced in the economy. However, the inclusion of intangible investment in the economy is a source of endless debate between government and businesses on one side and the economists and statisticians on another.

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