An article in the Wall Street Journal stated that “GDP figures are a measure of all the goods and services that are produced in an economy during a particular period.” Briefly explain whether you...

An article in the Wall Street Journal stated that “GDP figures

are a measure of all the goods and services that are produced in an economy during a particular period.” Briefly

explain whether you agree with this definition of GDP.

Source: Jon Sindreu, “Why U.S. GDP Figures Might Be Better than

They Look,” Wall Street Journal, July 29, 2016.