Economics

What Did The Government Do During The Great Recession?

During times of national crises, Congress has responded by directing federal resources and programs to help struggling Americans. While it is critical to respond rapidly to crises, it is also critical to ensure that federal programs and public resources are used as intended. The GAO’s involvement during times of crisis is examined in today’s WatchBlog

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What Makes GDP Rise?

In general, there are two basic causes of economic growth: increase in workforce size and increase in worker productivity (output per hour worked). Both can expand the economy’s overall size, but only substantial productivity growth can boost per capita GDP and income. What factors influence GDP growth or decline? A rise in aggregate demand drives

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