Which of the following is an argument used to describe the relationship between governments and economic markets? (1 point)

Question

• The government is not an active member of economic markets as it does not make legislation that affects them.
• The only relationship that exists is one in which government is the main provider of goods and services.
• Economic markets have a cycle of need with the government that only they can fulfill.
• The government is an important business within economic markets as it buys and sells goods and services.

Answer 1

The government is an important business within economic markets as it buys and sells goods and services.