Examlex
Describe how you could use a system like the Picture Exchange Communication System to improve the functional communication of a person with autism.
Economics
The social science that studies how individuals, governments, firms, and nations make choices on allocating scarce resources to satisfy their unlimited wants.
Signaling
The act of conveying information indirectly through actions or attributes, often seen in markets where there is information asymmetry.
Uninformed Party
An individual or group lacking critical information, often leading to a disadvantage in decisions or negotiations.
Moral Hazard
The situation where one party engages in risky behavior because they know another party bears the consequences of that risk.
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