eco 405 w10
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“The Government and Social Responsibility” Please respond to the following:
- 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.
- 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.
Discussion 2
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“Social Security and Medicare” Please respond to the following:
- From the e-Activity, list (1) each change that you selected to fix social security and (2) the percent of the problem that your selections solved. Of your selected changes, identify the change that you believe will play the greatest role in fixing social security and explain why.
- 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.
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