00:01
Okay, so for this question, the first part of it saying that before the arrival of internet, people looking for facts, such as a population of friends, you need to go to the library and look them up.
00:16
But now people can simply google search it.
00:18
So the question is, are the benefits to be able to do a google search included in gdp? so think about the way we're like only searching some information quickly and directly on the internet.
00:33
So there are benefits from it, from this internet search that will affect gdp.
00:39
But probably they're not matter directly into it.
00:43
So if we can find the information more quickly and efficiently, then previously we need to go to the library to look them up.
00:51
Actually, we have a lot of time and save some other resources, right? so something like previously, if you need to go to the library, you need to take a shuttle or take a bus.
01:06
But now if you don't need to do that, simply search online, you don't need that kind of resources or bus.
01:13
So basically means that searching on the internet can help save time, same other resources, and those time and resources are kind of like resources that can produce other final goods and services.
01:34
So that's a kind of way that searching on the internet can actually help to produce additional output.
01:44
Okay, so produce additional output to the economy that will increase an increase in.
01:54
Increase gdp.
01:59
Right, but this can look like increasing gdp by searching on the internet the most time cannot be metered directly into gdp...