Examlex
When parents frequently remind their children of their positive accomplishments, it is common for children to develop _____.
Wage Rate
The standard amount of compensation that employees receive in exchange for performing a specific task or job per time period.
Substitution Effect
The adjustment in purchasing behaviors as a result of variations in the comparative costs of products, prompting buyers to switch from one item to another that is either cheaper or more costly.
Output Effect
The impact on economic output and productivity resulting from a change in the level of economic activity.
Wage Rate
The amount of money paid to workers per unit of time, often hourly or monthly, for their labor.
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