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In Order to Make the World More Manageable, We Often

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In order to make the world more manageable, we often see out-group members as very much alike, even when they are varied.This tendency to place people in categories is called


Definitions:

Negative

Often used to describe a detrimental condition or decrease in quantity or quality in various contexts.

Real Wages

Wages that have been adjusted for inflation, representing the actual purchasing power of income.

Productivity

The efficiency with which input resources are converted into outputs, often measured as output per unit of input.

Marginal Product

The increase in output that results from employing one more unit of a particular factor of production, holding all else constant.

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