The current business cycle passed its four-year mark at the end of March. Recently, the economy has been marked by slower growth, and by jaw-dropping trade and budget deficits, which highlight the ...
The historical growth in health spending as a share of GDP is well-documented and increasingly well-known, having increased from about 6 percent in 1965 to 18 percent in 2012. We know this share will ...
GDP is the common measure of economic performance. Under ideal conditions, GDP growth implies an overall improvement in the economy’s performance. However, nearly half of GDP is produced in sectors ...
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