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In the US market economy, the government performs the following prominent roles exceptSet prices for most resources (T/F)

1 Answer

2 votes

Answer:

FALSE

Step-by-step explanation:

The United States being a market economy, does not set prices for most resources if it does so at all, and neither does any market economy in the world. The point is a market economy is one that does not manipulate or interfere with the market forces of demand and supply.

Therefore by definition and nature the United States has an economic system where prices of products are determined fairly by competition rather than intervention by the government.

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User Rfgamaral
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