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How does the introduction of new technologies affect saving, investment and the real interest rate?
Materials
Basic components or raw substances used in manufacturing processes or production.
Generating Revenues
Generating revenues involves engaging in activities that bring income to a business, such as selling goods or providing services.
Cost
The total amount of money spent on the production, acquisition, or maintenance of goods and services.
Direct Labor Cost
The total expense that a company incurs for employees who directly work on manufacturing products or performing services, including wages, benefits, and payroll taxes.
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