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Referring to the Corporate Social Responsibility (CSR) Pyramid, How Do

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Essay

Referring to the Corporate Social Responsibility (CSR) pyramid, how do legal responsibilities differ from ethical responsibilities? Provide specific examples to support your distinction.


Definitions:

Congressional Budget Office

The Congressional Budget Office is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

John Maynard Keynes

A British economist whose theories on government intervention in economies (Keynesian economics) have greatly influenced modern economic policies.

Council of Economic Advisers

A panel of three noted economists who advise the President of the United States on economic policy.

U.S. Monetary Policy

The process by which the Federal Reserve controls the supply of money in the U.S. economy to achieve stable prices, maximum employment, and moderate long-term interest rates.

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