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An increase in expected inflation will shift the short-run Phillips Curve.
Dial-Up Internet
A form of internet access that uses a telephone line to connect to the internet, characterized by slower speeds compared to broadband connections.
Broadband Internet
An Internet connection that remains on at all times, delivering faster performance than standard dial-up access.
Mass Customization
A manufacturing technique that combines the flexibility and personalization of custom-made products with the low unit costs associated with mass production.
Mass Production
The manufacture of large quantities of standardized products, often using assembly lines or automated technologies, to achieve economies of scale.
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