Examlex
Research has shown that the "typical" employee-thief would punish thieves less.
Workers
Individuals engaged in any form of employment or activity to earn income through the provision of labor or services.
Substitution Effect
The economic principle stating that as the price of a good or service rises, individuals will replace more expensive items with less costly alternatives.
Output Effect
The impact that changes in output have on economic activity, such as variations in production levels affecting GDP.
Resource
An economic or productive factor required to accomplish an activity or to provide a service, such as labor, land, capital, and raw materials.
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