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US Bureau Of Economic Analysis Tweaks GDP Calculation To Include Movies, Intellectual Property
"For example, the production costs of what the B.E.A., a part of the Commerce Department, calls "long-lived TV shows" -- ones that provide a steady stream of income, like "Seinfeld" reruns -- will for the first time be counted as investment. That's right -- the ultimate show about nothing will now add billions to G.D.P." The New York Times 07/31/13
Posted August 1, 2013 08:01 AM

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