Use the data contained in Figure 1.6 and Figure 1.10 to calculate productivity in terms of output per $ spent on labor for the countries listed in both figures. Which five countries are the most productive by this measure? Which five countries are the least productive?

Figure 1.6

Figure 1.10

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Norway Switzerland $65.86 $63.23 Belgium Sweden $54.88 $51.10 $48.98 Germany France $42.85 $41.98 Ireland $36.92 $36.34 Italy United States United Kingdom Japan Spain Singapore South Korea Czech Republic Brazil $31.00 $29.13 $28.09 $23.95 $21.96 $12.17 $10.69 $9.37 $9.25 $6.82 Taiwan Poland Mexico China $3.07 $2.12 $1.59 Philippines India $20.00 $40.00 $70.00 $0.00 $10.00 $30.00 $50.00 $60.00 Norway 89 Belgium 67 United States 67 Ireland 65 Germany 64 France 64 Switzerland 61 Singapore 61 Sweden 60 Spain 51 Italy 51 United Kingdom 50 Taiwan 44 Japan 42 Czech Republic 35 South Korea 34 Poland 30 Brazil 17 China 10 20 40 60 100