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Subjectivists would argue that
Productivity
The efficiency with which inputs, like labor and capital, are converted into outputs, typically measured as a ratio of output to input.
Percent
A part per hundred, a unit of measure used to express the fraction of a quantity relative to one hundred parts of the total.
Industrial Country
A nation with a significant level of development and industrial capacity, often characterized by a high standard of living and a diverse economy.
Work Hours
The period of time during a day, week, or other period that is scheduled for work.
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