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With regard to inflation,the "acceleration hypothesis" states that
Task Specialization
The process of dividing work into smaller tasks that are completed by workers who specialize in those tasks.
Worldwide Competition
The phenomenon where businesses or economies compete with each other across international borders for market share, resources, and talent.
Automation
The use of technology and machinery to perform tasks with minimal human intervention, often to increase efficiency, accuracy, and productivity in various industries.
Human Resources
The department within an organization that deals with recruitment, management, and direction of people.
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