Why might current intangible investments in recorded music by Katie Perry or Rihanna be easier to measure with greater precision today than long-past investments in the recorded music of, say, Elvis Presley in the 1960s or Elton John in the 1970s? (Is it easier to project forward or to look back at past data?)
Based on the information in Table 8-3, in what years was the economy in a recession? Explain briefly.