QUESTION IMAGE
Question
a mixed-market economy is best defined as an economy
○ with some government intervention.
○ without government intervention.
○ with some externalities.
○ without corporate compliance.
A mixed - market economy combines elements of a market economy (where private entities make many economic decisions) and a command economy (where the government has a role). So, it has some government intervention. An economy without government intervention is a pure market economy. Externalities are side - effects of economic activities and not a defining feature of a mixed - market economy. Corporate compliance is about businesses following rules and not related to the definition of a mixed - market economy.
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A. with some government intervention.