Question

Which of the following would you expect to find in a mixed-market economy?

Answer 1

Answer:

d. a government minimum wage and privately owned business.

Explanation:

A mixed-market economy is an economic system that combines a free-market economy with a commando economy, hence its name. A mixed-market economy allows the government to own key entities such as energy markets, or technology markets and import/export regulations; but it also allows the demand and supply law to rule the market as in a free-market economy. Mixed-market economies protect the private sector, and the government intervenes in factors that protect the society such as minimum wage, healthcare, unemployment benefits, and retirement programs.

Answer 2

I think the answer is D, A government minimum wage and privately owned business.