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Grace calculated her Gross Debt Service Ratio as 24%. If her monthly mortgage payments are $980 per month, while monthly property taxes and hydro total another $180 per month, determine her gross monthly income.
Justice
The concept of fair treatment and equitable distribution of benefits and burdens within society or an organization.
Greater Good
A philosophical concept that refers to the outcome or decision that benefits the most people or society at large, often used in ethical discussions.
Utilitarian
An ethical theory that posits the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Majority
Majority refers to more than half of a specific group or quantity, often used to describe the greater part of a population or collection.
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