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When we eventually get some cases that interpret a new section of the Criminal Code of Canada, from which of the following courts will we get the most authoritative precedent (i.e., the most binding ruling) ?
Output Effect
The impact on the total production of goods and services in an economy resulting from changes in demand, supply, technology, or factors of production.
Factors of Production
The basic inputs used to produce goods and services, including land, labor, capital, and entrepreneurship.
Complementary Resource
A good or service that is used together with another good or service to provide a benefit or function.
Substitution Effect
The economic understanding that as prices rise or incomes decrease, consumers replace more expensive items with less costly alternatives.
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