The improvement of this relation can reduce transfer cost, while increase social capital.

劳资关系的改善可以降低交易费用，提高企业的社会资本。

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When fewer workers can produce more output whether it is through capital investment or methods improvement, competitiveness improves but at the cost of lower employment.

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Capital One also reported a 13 basis point improvement in its net interest margin largely due to lower cost of funds in the quarter.

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