69
QuizMultiple Choice

Unit Test — Cumulative exam

Question 69 • (OC27) US GOVT-2106310-Sem-Meadows

What is the government’s role in an absolute free-market economy?

Answer
A
The government does not interfere or take part in any economic decisions.
B
The government makes some economic decisions while producers and consumers make others.
C
The government controls all aspects of the economy and makes most decisions.
D
The government participates in economic decision-making only when producers are unsuccessful.

Explanation

In an absolute free-market economy, producers and consumers make economic decisions through buying, selling, and setting prices. The government does not interfere or take part in those decisions, so choice A is correct. Choice B describes a mixed economy, where both the government and private participants make decisions.

AI-written and checked against the verified answer.

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