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For the years 1948-1973, output per person in the private sector grew 3.3 percent, labor composition grew 0.2 percent, and total factor productivity grew 2.2 percent. What was the growth rate of capital intensity?
Book Of Final Entry
Book that receives information about business transactions from a book of original entry (a journal). Example: a ledger.
Trial Balance
An accounting report that lists the balances of all ledgers accounts to ensure that total debits equal total credits.
Accounts Payable
Short-term liabilities of a business that represent amounts owed to creditors for goods and services purchased on credit.
Fees Earned
Income received or earned for services provided.
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