Cost-Push Inflation Can Occur as the Result of Higher Wage

question 88

True/False

Cost-push inflation can occur as the result of higher wage rates.

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Definitions:

Sales Objection

The prospect’s opposition or resistance to the salesperson’s information or request.

Opposition

Resistance or dissent expressed against an idea, action, or authority.

Practical Objection

An overt objection based on real or concrete causes.

Major Objection

A significant concern or issue raised by a potential buyer, which may prevent a sale unless it is effectively addressed.