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Labor-Productivity
A measure of the amount of goods and services produced by one hour of labor.
Capital Resources
Assets such as machinery, buildings, and technology that are used in the production of goods and services.
High Price
A term referring to a price level that is significantly above average or expected, often indicating scarcity, high demand, or premium quality.
Wages
Payments made to workers or employees as compensation for their labor, typically calculated on an hourly, daily, or piecework basis.
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