Examlex
What term did Carl Rogers use to describe a psychologically healthy person who does not deny or distort thoughts or emotions and has a flexible self-concept?
Diminishing Returns
A principle which states that as more units of a variable input (like labor) are added to fixed inputs (like capital), the additional output from each new unit of input will eventually decrease.
Wage Rates
The fixed amount of compensation paid to employees for their labor, typically measured per hour or piece.
Economy's Rate of Growth
The steady increase in the gross domestic product (GDP) or gross national product (GNP) of an economy over time, indicating economic expansion.
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