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What Is Ethical Absolutism? Do You Think It Is Plausible

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Essay

What is ethical absolutism? Do you think it is plausible? Explain.


Definitions:

Government Policies

A course or principle of action adopted or proposed by a government, political party, or ruling authority.

Stagflation

A situation in which the inflation rate is high, economic growth rate slows, and unemployment remains steadily high.

Price Level

A measure of the average prices of goods and services in an economy at a given time, often used to evaluate inflation or deflation.

Aggregate Output

The total quantity of goods and services produced in an economy at a given overall price level in a given period.

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