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Question

Question
Which role does the government play in the economies of the United States and Canada?

(1 point)
Responses

The government controls all imports and exports.

The government controls all imports and exports.

The government has to approve all new businesses.

The government has to approve all new businesses.

The government provides public services and sets rules.

The government provides public services and sets rules.

The government makes all economic decisions on behalf of its citizens.

Answer 1

The correct response is:

The government provides public services and sets rules.

This accurately reflects the role of the government in the economies of the United States and Canada, as both countries operate under a mixed economy where the government provides services and regulations while the market largely drives economic activity.