Examlex
Sony's design of its new plasma television sets with smoked-glass control panel covers and other visual changes would be classified as a(n) ____ modification.
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.
Oil Price
The cost per barrel of crude oil, influenced by global supply and demand dynamics, geopolitical events, and market speculation.
Great Depression
A severe worldwide economic crisis that took place during the 1930s, marked by high unemployment, falling prices, and failed businesses, leading to widespread poverty.
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