Examlex
Select the correct description for each of the abbreviations.
-T4
Taste For Discrimination Model
An economic model that explains how personal biases and preferences can lead to discrimination in hiring, wages, and employment practices.
Disutility
The negative satisfaction or displeasure that comes from consuming a product or engaging in an activity.
Wage Ratio
The comparison of wages between different groups, sectors, or genders, often used to analyze disparities and equality in pay.
Economic View
The economic view refers to analyzing situations, problems, or policies from the perspective of economics, focusing on resource allocation, incentives, and efficiency.
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