Which of the folowing examples explains how the United States is a Mixed Economy? O A. Most corporations are run by executive agencies and prices are set by Congress. B. While most economic decisions are made by market forces, our government has some aspects of government control, such as minimum wage and free education C. There is absolutely no government interference in the economy in the U.S. O D. Although our government controls most of the factors of production and usually answers the 3 economic questions, there is some individual economic freedom such as the ability to choose your own job
Which of the folowing examples explains how the United States is a Mixed Economy? O A. Most corporations are run by executive agencies and prices are set by Congress. B. While most economic decisions are made by market forces, our government has some aspects of government control, such as minimum wage and free education C. There is absolutely no government interference in the economy in the U.S. O D. Although our government controls most of the factors of production and usually answers the 3 economic questions, there is some individual economic freedom such as the ability to choose your own job
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Which of the following examples explains how the United States is a Mixed Economy?
O A. Most corporations are run by executive agencies and prices are set by Congress.
B While most economic decisions are made by market forces, our government has some aspects of government control, such as minimum wage and free education
C. There is absolutely no government interference in the economy in the US.
D. Although our government controls most of the factors of production and usually answers the 3 economic questions, there is some individual economic freedom such
as the ability to choose your own job
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