Question

What is one example of how a government exhibits limited influence in a market economy?

A.the choice for workers to select where they want to work

B.the ability of businesses to seek profits

C.the creation of privately-owned businesses

D.the setting of a minimum wage for workers

Answer 1

Answer :

A. The choice for workers to select where they want to work is an example of how a government exhibits limited influence in a market economy. In a market economy, the government typically does not dictate where individuals must work or restrict their ability to seek employment opportunities. This decision is left up to the individual worker.

Explanation :

A. the choice for workers to select where they want to work is an example of how a government exhibits limited influence in a market economy. In a market economy, the government usually does not control the decisions of businesses or individuals, but rather allows market forces to determine the prices, wages, and employment levels. This means that workers have the freedom to choose where they want to work, and businesses have the freedom to hire and fire employees based on market conditions. Other examples of limited government influence in a market economy include the ability of businesses to seek profits, the creation of privately-owned businesses, and the relative freedom of businesses to set prices and wages without government interference.

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