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When net taxes increase and government purchases decrease,
Ethical Theory
The branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct.
Virtue Ethics
The ethical system which proposes that a decision is ethical when it promotes positive character traits such as honesty, courage, or fairness.
Categorical Imperatives
Fundamental principles proposed by Immanuel Kant that require unconditional adherence without consideration of personal desires or consequences.
The Good Life
A concept describing a life filled with happiness, well-being, and prosperity, often including moral and ethical richness.
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