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a/an is an economy in which private enterprise exists in combination wi…

Question

a/an is an economy in which private enterprise exists in combination with a considerable amount of government regulation and promotion. market economy command economy mixed economy which of the following would qualify as a public policy? raising taxes on billionaires the new marvel movie making 2 billion dollars in profits a group of people boycotting a restaurant

Explanation:

Brief Explanations
  • For the first question: A mixed economy combines private enterprise with government regulation and promotion. A market economy is mainly driven by private decisions with less government intervention. A command economy has heavy government control with little private enterprise.
  • For the second question: Public policy is a course of action taken by the government. Raising taxes on billionaires is a government - related action. A movie's profit is a private - sector business outcome, and a group boycotting a restaurant is a private - group action.

Answer:

  1. C. mixed economy
  2. A. Raising taxes on billionaires