The government has laws to protect private property owners.

Question

Courts enforce laws to protect consumers and businesses.

Prices for goods and services are based on what consumers agree to pay.

The government has few trade barriers such as tariffs or quotas.

What type of economy do these statements describe?

(1 point)
Responses

A. command
A. command

B. mixed
B. mixed

C. traditional
C. traditional

D. financial

Answer 1

B. mixed