GDP: does it measure up?

Scott Wolla

Page One Economics Newsletter, 2013, issue may, 1-3

Abstract: How is the total value of all the goods and services produced in a country?s economy measured? Gross domestic product (GDP) is one common and fairly comprehensive measure. This month?s newsletter explains GDP components and how it is calculated. It also describes what GDP does?and does not?measure.

Date: 2013
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