Question

What is one possible effect of high unemployment in a mixed market economy?

A. The government will intervene to appoint new jobs to workers.

B. A lack of income will weaken the buying power for many people.

C. New government-run farms and factories will open to provide work.

D. The wealth gap between the upper and lower classes will decrease.

Answer 1

A lack of income will weaken the buying power for many people is one possible effect of high unemployment in a mixed market economy.

Answer 2

The answer is "B. A lack of income will weaken the buying power for many people".

Mixed market economy is a monetary framework in which both the private sector and a level of state imposing business model, for the most part in public administrations, security, and basic ventures, exist together. Every single present day economy is mixed where the methods for production are shared between the private and public divisions.