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The U.S. economy grew this spring after a slowdown earlier this year. A report from the Commerce Department shows the ...
Gross domestic product (GDP) is the market value of all officially recognized final goods and services produced within a country in a year, or other given period of time. GDP per capita is often ...
U.S. economic growth is expected to have rebounded in the second quarter after falling in the first. However, experts say ...
The GDP grew at an annual rate of 3% in the second quarter after falling in the first, a swing economists attributed to ...
Keynesian orthodoxy claims that cuts in government spending mean less “aggregate demand,” and less “aggregate demand” leads ...
But until 1991, the government used gross national product, or GNP, as its featured measure. Why did it switch? First, it can be hard to get the difference straight between GDP and GNP.
Taiwan's cabinet will propose defence spending of T$949.5 billion ($31.27 billion) for next year, accounting for 3.32% of gross domestic product, the official Central News Agency reported on Thursday.
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