Which of the Following Statements Is True from Friedman's Perspective

question 22

Multiple Choice

Which of the following statements is true from Friedman's perspective?

• A) The economic justification for Friedman's position is based on the premise that social causes cannot be served by firms, and citizens can never obtain complete satisfaction from corporate giving.
• B) Citizens cannot obtain satisfaction from their personal giving.
• C) The economic justification for Friedman's position is based on an environment in which citizens can both invest their funds in the capital markets and make personal gifts to social causes.
• D) Friedman's objection is to CSR that is anticipated since the shareholders bear the cost.

Awareness of the role of perception in communication.

Understand the Standard Communication Model and its components.

Identify and describe different defense mechanisms and their purposes.

Recognize various communication styles and how they influence learning.

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Definitions:

Fiscal Policy

A government's strategy for managing its budget through taxation and spending to influence the economy.

Tax Cuts

Reductions in the amount of taxes imposed by the government.

Government Spending

The total amount of money spent by government entities on goods, services, and public projects to fulfill their objectives and responsibilities.

Real Balances Effect

The impact of changing prices on the purchasing power of individuals' money holdings, influencing consumption and savings decisions.