Examlex
Which of the following statements is true concerning average per capita income by level of education?
Greatest Good
A principle aiming at the maximum positive outcome or benefit for the largest number of people.
Economic Recession
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Workforce
The collective group of individuals engaged in or available for work, either in a specific region or sector or within a particular organization.
Utilitarian
An ethical theory that emphasizes the greatest good for the greatest number of people as the measure of right and wrong.
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