Examlex
What is the consumption function? What factor leads to a movement along the consumption function?
Moral Obligations
Ethical duties or commitments that arise from principles of right and wrong behavior.
Desires
Strong feelings of wanting or wishing for something to happen or be obtained.
Maxim
A general truth, fundamental principle, or rule of conduct expressed in a concise and often pithy statement.
Categorical Imperative
A foundational concept in the moral philosophy of Immanuel Kant, which prescribes actions as universally mandatory, based on their maxims being capable of becoming universal law.
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