Tests of Ability That Attempt to Reduce the Effects of Language

question 10

Short Answer

Tests of ability that attempt to reduce the effects of language and culture are known as __________ tests.

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Definitions:

Negative Externality

A cost that affects a party who did not choose to incur that cost, often associated with environmental pollution.

Noxious Odors

Unpleasant or harmful smells that can cause discomfort or health issues.

External Costs

Costs resulting from an economic activity that affects third parties who did not choose to incur that cost.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.