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Labels become the basis of personal identity; as the labels become more and more negatively enforced by feedback from significant persons in the youth's life, the youth's identity transforms. What is this process called?
Unobservable Actions
Actions taken by parties in a contract or agreement that cannot be directly observed or monitored by others.
Adverse Selection
A situation in which sellers have information that buyers do not, or vice versa, leading to an inefficient market outcome.
Adverse Selection
A situation in economics where one party in a transaction has more or better information compared to the other party, potentially leading to an inequitable outcome.
Unobservable Characteristics
Traits or factors not immediately apparent or measurable that can influence outcomes or decisions.
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