According to Milton Friedman, businesses should undertake social expen

QUESTION

According to Milton Friedman, businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business.

Indicate whether the statement is true or false.

ANSWER

FALSE
Milton Friedman explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business.