If the US Total Factor Productivity Is 1

question 73

True/False

If the U.S. total factor productivity is 1.00 and China's is 0.33, then the U.S. capital per worker is 67 percentage points more productive than China's.

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Right-to-Work Laws

Laws that prohibit union security agreements between companies and workers' unions, effectively ensuring that union membership is not a requirement for employment in any position.

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The duty to act in a morally right way, making decisions that are fair, respectful, and beneficial to all involved parties.

Ethical Behavior

Conduct that is consistent with accepted principles of right or wrong governing the professional and personal behavior of individuals.

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The capacity or power of persons or things to be a compelling force on the actions, behavior, opinions, etc., of others.