Indicators are oriented towards the national economy- level of capital Investment efficiency which Is reflected In a normative efficiency coefficient establ !shed In a central lzed manner. Does lt mean that general efficiency Indicators should not be taken Into account while determining the efficiency of capital investment and new technology?. Definitely not. It is feasible to use theto in technical -economic analysis of Initial variants• to assess real possibilities of real Jzlng the best variant selected on the basis of comparative efficiency criteria. But the general efficiency indicators cannot be used for direct comparison and selection of the best variant of t6chnlcel decision. This Is a prerogative of the comparative efficiency indicators. This difference between general and comparative efficiency Indicators constitutes a corner-stone of a draft of Complex methodology. I I • Generall*lng_lndlcator of capital lnyestmant on~ new technology efficiency Amy process of productive activities of three factors of production: alive labour. people running 27-2 Involves material •~ptndlfwre (ta• maftfllll• materials# futl• electric power, etc> lfi4 ~redustl~n funds• I.e. three different types of labour ~~~endlture varying by th•tr circulation peri~d which cannot be su~med up In 6 different manner. Production results In output of 6ommodltles or Implementation ot work of a given volume, qual tty and assortment done within specified period of time. Division of output by number of workers produces e labour productivity Indicator. lnalogically, division of output by value of productive funds produces the output/capital ratio whereas division of material cost by output gives an Indicator of material Intensity of a good, etc. The growth of social production efficiency Is related to positive dynamics of each of the afore-said Indicators. However• In reel I lfe there may occur opposite-direction dynamics when an Increase of efficiency triggered by one factor is accompanied bY 
**Analysis**
The text discusses the efficiency of capital investment and new technology in the context of national economic development. It highlights the importance of using normative efficiency coefficients and comparative efficiency indicators to assess the efficiency of capital investment. The text also touches on the concept of general efficiency indicators and their limitations. The language used is technical and focuses on economic concepts, suggesting that the text is related to economic development.

**Category**
Economic development, Industry