Reminiscent of the _____ Tradition, It Is Suggested That Some

question 55

Multiple Choice

Reminiscent of the _____ tradition, it is suggested that some animals have the cognitive capacity to possess a conscious life of their own and people have a duty not to treat these animals as mere objects and means to their own ends.

• A)Kantian
• B)virtue ethic
• C)neoclassical
• D)social web

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Definitions:

Expected Price Level

The anticipated average price across all goods and services in an economy over a future period.

Aggregate Demand

Unified request for the provision of goods and services in an economy, calculated at a specific scale of overall price for a given duration.

Aggregate Supply

The total supply of goods and services that firms in an economy are willing and able to sell at a given price level in a specific time period.

Long Run Aggregate-Supply

In economics, it represents the total quantity of goods and services that producers in an economy are willing and able to supply at a full employment level, regardless of the price level, over a long period.