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The new pop culture which best expressed the mood of the youth and counterculture was
Efficiency Wage
A higher-than-market wage that a firm pays to increase worker productivity.
Marginal Productivity
The additional output that can be produced by adding one more unit of a specific input, holding all other inputs constant.
Incentive
Something that induces a person to act
Empirical Work
Research that relies on actual experience or observation rather than theory or pure logic, often involving the collection and analysis of data.
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