Economists Perceive a College Applicant's Grade Point Average and Standardized

question 61

True/False

Economists perceive a college applicant's grade point average and standardized test scores (such as SAT and ACT scores)to be rationing devices.

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Definitions:

Socialization Process

The method through which individuals learn and internalize the values, behaviors, and norms of a society or group.

Distal Outcomes

Results or consequences that occur over a long period of time or are removed from the immediate context of an action or decision.

Proximal Outcomes

Immediate results or effects that are closely connected to an action or intervention, often measured in the short term.

Anticipatory Socialization

The process through which individuals learn and adopt the norms, values, behaviors, and social skills necessary for future roles and social memberships.