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What is the chief difference between utilitarianism and Kant's ethics? Do you think one of these theories is clearly inferior to the other? Do they each represent part of the truth about morality? Explain.
Economic Growth
An increase in the capacity of an economy to produce goods and services, compared over a period of time.
Total Output
The total quantity of goods or services produced by a firm or economy in a given period.
Economy
A system of production, distribution, and consumption of goods and services among individuals and businesses in a certain area or country.
Increasing Rate
A situation or condition where there is a rise in the percentage or level of a particular economic variable or indicator over a designated period.
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