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Use the figure below to answer the following questions.
Figure 24.5.2
-Refer to Figure 24.5.2. Which one of the following best describes the response to an increase in real GDP?
Kantian Perspective
An ethical framework based on the philosophy of Immanuel Kant, emphasizing duty, rationality, and the categorical imperative to act in ways that could be universally applied.
Universal Law
A principle or rule that is thought to be applicable everywhere and in every situation, often within a philosophical or moral context rather than a legal one.
Human Beings
Living persons; members of the species Homo sapiens, recognized by their cognitive abilities, self-awareness, and capacity to be moral agents.
Ethical Relativism
the theory that moral principles are not universally applicable but instead are shaped by cultural, personal, or situational contexts.
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