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Which of the following statements describes a mixed economy?


Question

Which of the following statements describes a mixed economy?

Options

A)
The government and the private sector interact in solving the basic economic problems
B)
The invisible hand solves the basic economic problems
C)
The government produces and distributes all goods and services
D)
Society answers the 'what', 'how', and 'for whom' questions only through the market system

The correct answer is A.


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