Congressional Research Service Issues In Focus White Paper on Productivity
February 25, 2025
February 25, 2025
WASHINGTON, Feb. 25 (TNSrep) -- The Congressional Research Service issued the following In Focus white paper (No. IF10557) on Feb. 24, 2025, by macroeconomic policy analyst Lida R. Weinstock.
Here are excerpts:
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Introduction to U.S. Economy: Productivity
What Is Productivity?
Productivity is broadly defined as the ratio of output to inputs. With respect to the economy, productivity measures how efficiently goods and services c . . .
Here are excerpts:
* * *
Introduction to U.S. Economy: Productivity
What Is Productivity?
Productivity is broadly defined as the ratio of output to inputs. With respect to the economy, productivity measures how efficiently goods and services c . . .