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Capital-Labor Ratio
The ratio of the total value of capital equipment to the labor force, indicating the level of capital intensity in production processes.
Productivity Growth
The increase in the efficiency of production in an economy, typically measured as the output per hour worked.
Cumulative Power
Cumulative power refers to the total amount of energy generated or exerted over a period of time.
Capital Deepening
An increase in the amount of capital per worker, which typically leads to higher productivity.
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