Examlex
In a two-party democratic system,elected officials typically choose a view that is close to the median voter to ensure their reelection.
Real World
A term referring to the tangible, everyday reality in which human beings live and interact, as opposed to theoretical constructs or fictional worlds.
Consequentialism
An ethical theory that judges the rightness or wrongness of an action based on the outcomes or consequences it produces.
Calculations
The process of computing by mathematical operations.
Utilitarian Theory
An ethical theory suggesting that the best action is the one that maximizes utility, typically defined as that which produces the greatest well-being of the greatest number of people.
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Q223: Refer to Figure 18.3.With free trade,the equilibrium