Which of the following statements is TRUE regarding households, businesses, and government in the U.S. economic system?
Group of answer choices

government regulates what businesses can produce but not what consumers can buy

the three are economically interdependent on one another

households act as consumers while government and businesses act only as producers

households pay taxes to the government but businesses don’t

Respuesta :

The 2nd choice is the answer

In the US, the economy is mixed. It works under an economic system that has both capitalist system and socialistic character traits, and its further discussion can be defined as follows:

  • It has a free market where the type, as well as the price of goods and services produced and even those goods, have been determined by personal consumers and producers.
  • They have buildings and equipment and are independent to employ employees and to acquire products and services in use by businesses.
  • These three are interdependent financially together concerning the US economic system in households, businesses, or the government.

Therefore, the final answer is "Option b".

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