In the U.S. market economy, the government performs the following prominent roles, except

Question

Quizplus · Accepted Answer

In a market economy, prices are determined by supply and demand forces in the market. The government does not set prices for most resources, instead it allows the market forces to determine the prices. In a market economy, the government plays a limited role in the economy and primarily focuses on providing public goods and services, promoting economic stability and growth, and modifying the distribution of income through tax policies and social welfare programs.

In the US Market Economy, the Government Performs the Following Prominent Roles