Would you give up Google for $17,000 a year? The Fed wants to know

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For 17k a year I would suck it up and use Bing. If we are using Google as a synonym for ‘internet search engines’ it would take a whole lot more.

Tristanna

These comments are a plague. We are in an economics forum, people! The question is: are free services being miscounted in GDP? I would argue no, they are not. GDP is a great tool for what it does, but is not designed to be a catch-all tool the way it is used politically and by a layman. >GDP = private consumption + gross investment + government investment + government spending + (exports – imports). A free service, by that definition, should not be included in GDP, but the revenue brought in by the company via ads does factor in. The key is the definition of the private consumption, and I would argue that non-paid services are not misrepresented as they do not contribute to GDP or to the velocity of money as nothing financially has been exchanged.

Telid

Price to give up online pornography?… no one is asking the real questions.

the2xstandard

Please note, article has nothing to do with**Google**, but instead free internet services. > To stop using search engines, consumers would need a median $17,530, making it the most valuable digital service.

SlipSlamMammaJamma

Microsoft while waving their hands: *We’re here too everyone! Don’t you want to start Binging things?*

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