economic forces

How Is The Government Involved In A Mixed Economy?

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How Is The Government Involved In A Mixed Economy? The U.S. government controls part of the economy with restriction and licensing requirements, which includes involvement in such areas as education, courts, roads, hospital care, and postal delivery. The government’s role in a mixed economy can also include financial policies, such as monetary and fiscal policies.

What Is The Relationship Between Supply/demand And Equilibrium Price?

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What Is The Relationship Between Supply/demand And Equilibrium Price? There is an inverse relationship between the supply and prices of goods and services when demand is unchanged. If there is an increase in supply for goods and services while demand remains the same, prices tend to fall to a lower equilibrium price and a higher