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Which of the following is a fundamental of the RAD methodology?
Saving Rate
The proportion of income that is not spent, but instead saved by individuals, households or the nation as a whole.
Productivity
measures the efficiency of production in terms of the amount of output generated per unit of input, such as labor or capital.
Human Capital
The collective skills, knowledge, or other intangible assets of individuals that can be used to create economic value for the individuals, their employers, or their community.
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.
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