Source: International Monetary Fund – IMF (video statements)
How does a TV show like Seinfeld show up in the economy? In this episode of The Economy – How Do You Measure That, Jim Tebrake and Dave Wasshausen explain how artistic originals are classified as intellectual property products and treated as produced fixed assets. From production costs and sets to syndication and streaming royalties, discover how the value of the original and its copies is measured in GDP and national accounts.