Part 1 (Must have two source that is properly cited)
1. Discuss some advantages and disadvantages of using insurance to deal with health-related risks.
2. How can Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs) be used to manage health-related costs?
3. Why might businesses want to use a Small Business Health Options Program (SHOP) exchange?
Part 2 (Must have two source that is properly cited)
First, read the case (link below)
Second, answer the following questions. Answer all questions below in essay format:
1. If all transactions were made on paper, how could a bank store all of its paper records? When might they decide to destroy these records?
2. There were social consequences of mass banking, including introducing the public to interest rates on deposits and loans. Thinking now about twentieth century U.S. culture, how might this understanding of interest rates have affected how U.S. consumers behaved with their money?
3. Reflection – Include a paragraph in your own words, using finance terminology, reflecting on specifically what you learned and how you think you could apply what you learned in the workplace or in everyday life.
Note that your answers should be written in your own words. Don’t use quotes from the case.