What Is A Good GDP?

Faster growth does not always imply superior growth. It has to be long-term. Economists frequently agree that the ideal rate of GDP growth is between 2% and 3%. What constitutes a good GDP? “In general, you would expect poorer countries to expand faster. “Once you’ve caught up with the frontier, the high-income countries, it’s more […]

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How Much GDP Does US Spend On Education?

Education spending in the United States falls short of worldwide benchmarks set by organizations like UNESCO, of which the United States is a member. Education receives only 11.6 percent of government financing, significantly below the international level of 15.00 percent. However, the United States spends more than any other country on postsecondary education, at $33,180

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