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What implication does the finite speed of light have on what we observe in the universe?
Taste-For-Discrimination Model
An economic model that explains how personal preferences and biases of employers, workers, or consumers can lead to discrimination in hiring, wages, and consumer purchases.
Higher Wages
Wages that are above the average or standard level, often resulting from increased demand for labor, higher productivity, or specialized skills.
Statistical Discrimination
The use of statistical or probabilistic data about demographic groups by employers, lenders, etc., to make assumptions about individuals, potentially leading to discriminatory practices.
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