The Harry Potter movies have claimed to have earned a staggering $8.5 billion since being released in 2001. Explain under what component of GDP expenditure will the expenditure of filming popular movies such the Harry Potter series will be recorded.
The component under which the expenditure did for filming big
movies is recorded is an investment by business. Investment by the
business is the element of GDP expenditure that recodes all the
expenditures done by big businesses, and mostly the amount of these
expenditures is large. The huge amount of expenditure done by the
big filming companies is also an example of investment by
business.
Investment done by the businesses is a very important component
while calculating the GDP of a country as the performance of an
economy is really effected by the working of the businesses in the
country. Expenditure done for filming movies is one of the main
components affecting the GDP of a country.
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