List the Four Criteria That Are Generally Used to Evaluate

question 5

Essay

List the four criteria that are generally used to evaluate economic outcomes.

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Definitions:

Depth Perception

The ability to perceive the world in three dimensions (3D) and to judge the distance of objects.

Innate

Inborn or natural characteristics or abilities not acquired or learned.

Size Constancy

The perceptual phenomenon where the perceived size of an object remains constant, despite changes in its distance from the observer.

Perceived Distance

The subjective experience or estimation of how far an object is from the observer.