Examlex
Which statement explains why the lack of expertise is a structural disadvantage for the U.S.Congress?
Derived Demand
Demand for a good or service that arises from the demand for another good or service; for example, the demand for steel is derived from the demand for cars.
Input
Refers to the resources, materials, or services that are used in the production of goods and services.
Output
The total amount of goods or services produced by a company, industry, or country.
Technological Advance
Refers to the improvement and innovation in technology, leading to increased productivity, better products, or new methods of production.
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