Examlex
"I was only following orders; my boss told me to inflate the figures" is an example of displacement of responsibility.
Economic Contraction
A slowdown of the economy characterized by a decline in spending and during which businesses cut back on production and lay off workers.
Decline
A decrease or reduction in value, quality, or quantity over a certain period of time.
Monopolistic Competition
A market structure characterized by many firms selling products that are similar but not identical, allowing for some degree of market power.
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