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What Is the Difference Between Induced and Autonomous Expenditure? Which

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What is the difference between induced and autonomous expenditure? Which components of aggregate expenditure fall under which category?


Definitions:

Morality

A code of conduct that, given specified conditions, would be put forward by all rational persons.

Virtue Ethicist

A philosopher or ethicist who emphasizes virtues, or moral character, as the basis for ethical behavior.

Principles of Duty

Fundamental ethical rules or guidelines that dictate what individuals ought to do, often based on moral obligations.

Ethical Philosophy

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

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