What type of economy does the United States have? Explain how you came to this conclusion?

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asked Oct 6, 2023 105k views

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Karric · Answer 1 · 2023-10-10T23:35:55+0000

Answer:

The U.S. has a mixed economy. In terms of consumer goods and business services, the United States economy operates as a free market. However, there can be government intervention to regulate prices, resulting in deadweight loss.

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What type of economy does the United States have? Explain how you came to this conclusion?

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