Which of the Following Statements Best Describes a Mixed Economy

Multiple Choice

Which of the following statements best describes a mixed economy?

A) In a mixed economy, society determines production and the allocation of goods and services only through the market system.
B) In a mixed economy, government policies determine the production and the allocation of goods and services, but each individual is free to pursue his or her own self-interest.
C) In a mixed economy, the government and private sectors interact in determining production and allocation of goods and services.
D) In a mixed economy, the role of individual self-interest is relatively unimportant because government makes most of the economic decisions.