Examlex
Will an increase in the minimum wage create more unemployment if the supply and demand for labor are highly elastic or highly inelastic?
Autonomous Morality
A stage in moral development where individuals begin to understand that rules and norms are created by people and can be questioned, leading to personal sets of ethical beliefs.
Heteronomous Morality
A stage in moral development where individuals' understanding of right and wrong is based on external authority figures and strict adherence to rules.
Preconventional Moral Reasoning
A stage in Kohlberg's theory of moral development where moral reasoning is based on external consequences and rewards.
Irony
A situation where the outcome is contrary to what was expected, often in a humorous or poignant manner.
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