Reading Time: < 1 minute Disponible en français. Economists view productivity growth as the main long-term determinant of improvements in the average standard of living, as measured by the growth in gross domestic product (GDP) per capita. Researchers and policy makers note that a decline… Read More ›
economics
Executive Summary – Federal Government Finances: Questions and Answers
Reading Time: < 1 minute Disponible en français. Understanding economic statistics and federal government finances can be complex. Through 23 questions and answers, this HillStudy explores key economic and financial concepts, including production: gross domestic product (GDP); inflation: consumer price index; nominal and real GDP; raw… Read More ›