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Discuss the utilitarian approach to business ethics. When was this approach developed? What are its drawbacks?
Unemployment Level
The fraction of working-age individuals without a job, yet actively trying to find one.
Output
The complete volume of goods or services created by a firm, industry, or the economy as a whole.
National Debt
The cumulative sum of funds a nation's government owes due to borrowing, which remains unpaid.
GDP
Gross Domestic Product, a measure of the economic performance of a country, calculated by adding the total value of all goods and services produced within its borders.
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