Question

The Harry Potter movies have claimed to have earned a staggering $8.5 billion since being released...

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.

Homework Answers

Answer #1


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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