The bureau of labor statistics collects input and output

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Reference no: EM13817349

Problem 1.

The Bureau of Labor Statistics collects input and output data from various countries for comparison purposes. Labor hours are the standard measure of input. Calculate the output per hour from the following data. Which country is most productive?

	Labor Hours	Units of Output
United States	89.5	136
Germany	83.6	100
Japan	72.7	102

Reference no: EM13817349

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