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Other things being equal,what is the effect of an exogenous rise in the domestic price level?
Resource Substitutability
The degree to which different inputs (or resources) can be substituted for one another in the production process.
Economic Resource
Any good or service that can be used to produce other goods and services, including labor, land, capital, and entrepreneurship.
Factory Workers
Individuals employed in industrial production settings, operating machinery or assembling goods.
Retail Store
A business establishment that sells goods or services directly to the public, typically from a fixed location or online platform.
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