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Cost-Push Inflation Happens When Technological Innovation Unexpectedly Lowers the Cost

question 34

True/False

Cost-push inflation happens when technological innovation unexpectedly lowers the cost of production, causing increased demand for goods and services.


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Attorney-Client Privilege

A legal principle that keeps communications between an attorney and their client confidential and protected from disclosure.

Court

A governmental institution authorized to resolve legal disputes between parties and administer justice in civil, criminal, and administrative matters.

Conflict of Interest Rule

A Conflict of Interest Rule is a legal or ethical guideline intended to prevent professionals from engaging in activities that could benefit their personal interests at the expense of their duties.

Patent Infringement

The violation of a patent owner's exclusive rights by unauthorized use, sale, or manufacturing of the patented invention.

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