If the Price of a Resource Is Raised,according to the Substitution

question 171

Short Answer

If the price of a resource is raised,according to the substitution effect,_________;according to the output effect,________,thereby lowering the employment of all resources.

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Definitions:

Chronic Stress

Persistent stress that continues over an extended period of time, leading to significant psychological and physical health issues.

Osteoarthritis

A degenerative joint disease characterized by the breakdown of cartilage and underlying bone, leading to pain and stiffness, especially in the hips, knees, and thumbs.

Joint

A point at which two bones connect in the body, facilitating movement and support, or a term indicating collective or combined effort in various contexts.

Altered Neurogenesis

Changes in the process by which neurons are generated from neural stem cells and progenitor cells, which can affect brain function and structure.