Examlex
Which of the following flows from the government to the households,according to the circular flow diagram?
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.
Long-term Results
Outcomes or effects that manifest or become evident over an extended period.
Utilitarian Theory
An ethical theory that suggests 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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