How government grants would influence the business

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Reference no: EM13244171

"The Government and Social Responsibility" Please respond to the following:

1. From the scenario, explain how government grants would influence the business's operations. Be sure to emphasize the taxes, social benefit, and price level for both substitute goods and current products.

2. Give your opinion on whether or not you support government-funded programs within the scope of taxation and government spending. Be sure to include the influence on the business operation, purchasing power, and income distribution in the economy.

"Social Security and Medicare" Please respond to the following:

1. From the e-Activity, list (1) each change that you selected to fix social security and (2) your single overall deficit / surplus that was calculated as a result of those changes. Of your selected changes, identify the change that you believe will play the greatest role in fixing social security and explain why.

2. Give your opinion on whether health care should be something that can be excluded from being consumed. Additionally, take a position on whether or not the government should be responsible for supplying health care in the economy. Provide a rationale for your answers.

"Role of Businesses in the Bigger Picture" Please respond to the following:

1. Discuss the most important lessons you have learned from the economic issues portrayed by the scenario interactions.

2. From the scenario interactions throughout this course, consider the copy center's responsibility and role in economic social issues. Discuss some of the social issues that the copy center did not address or was not involved in throughout this course. Then, recommend a business strategy to increase its role in economic issues.

"Looking Forward" Please respond to the following:

1. Discuss why an understanding of the role played by economics in social issues is important for people who are not economists to understand. Provide specific examples to support your response.

Reference no: EM13244171

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