Gross Domestic Product, or GDP, is a measurement of economic ... use GDP as a guide to determine policy moves. For example, Congress could pass legislation to spur economic growth if GDP shows ...

That means, for example, that a baker who produces a loaf of bread for a customer would contribute to GDP, but would not contribute to GDP if he baked the same loaf for his family. Moreover, “gross” ...

GDP is a construct that tells us far less about progress than the hoopla around it would suggest. India’s statistical system would fill a big void if it creates a truly useful measure of well-being.

Gross domestic product, or GDP, is a measure of a ... and politicians often consider other measurements in addition to GDP. For example, if a country has a high overall GDP but a low per-capita ...