Question

Question 1 Multiple Choice Worth 3 points)
(06.03 MC)
The United States today allows competition but also regulates the economy. This suggests that the country uses a
market economy
traditional economy
mixed economy
command economy
Question 2 Multiple Choice Worth 3 points)

Answer 1

Answer:

For Question 1, the correct answer is that the country uses a mixed economy. In a way, both economies are mixed, though they seem to favor one kind over the other. The mixed-market economy in the United States is known as such.

Explanation:

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