Examlex
Which best defines the situation of local governments in the American federal system?
Capital Stock Per Worker
A measure of the amount of capital available per employee in a company or economy, indicating the level of investment in tools, buildings, and equipment each worker has to work with.
Output Per Worker
The average production or output produced per unit of labor, often used as a measure of labor productivity.
GDP Devoted To Investment
The portion of the Gross Domestic Product that is spent on investments in capital goods, infrastructure, and other activities to promote economic growth.
Poor Countries
Nations with low levels of economic activity, low per capita income, and generally low standards of living.
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