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What role do government agencies play in a mixed market economy? A. They run shipping companies and other sources of distribution.
B. They own farms, factories, and other sources of production.
C. They regulate some aspects of production and distribution.
D. They employ most of the workers in the economic system.
The correct answer is: C. They regulate some aspects of production and distribution.
In a mixed market economy, government agencies play a crucial role by establishing regulations to ensure fair practices, protect consumers, and maintain competition. They don’t typically own the majority of production or distribution sources but instead oversee and regulate them to help balance the needs of the private sector with public interest. This ensures that the economy operates fairly and efficiently.