Compare productivity between us and other countries
The U.S., and indeed much of the world, has been described as a "knowledge society." How does this affect productivity measurement and the comparison of productivity between the U.S. and other countries?
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Improve quality so that only 10 percent are defective, or (3) reduce labor, material, and overhead costs by 10 percent. Which option has the greatest impact on the multifactor productivity measure?"
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