Examlex
Who takes part in cross-functional teams?
Overstate
To overstate means to describe or value something in a way that is excessively high or inflated beyond its true worth.
Inflation
How quickly the average price level of goods and services escalates, resulting in reduced purchasing ability.
Cost-push Inflation
A type of inflation caused by an increase in the cost of production inputs, leading to a decrease in aggregate supply in the economy.
Union Wage
A wage rate that has been negotiated by a labor union on behalf of its members, often higher than the market rate for non-unionized workers.
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