Evaluating the Economy OUTCOME: Explain how core economic terms, concepts, and theories relate to one another using student-generated definitions. For this mastery assignment, you will be given three different scenarios. Review the outcome above and make sure that you are using economic terms and concepts in your answer. Be sure that as you use those terms, concepts, or theories you are explaining what they mean in your own words. Sue was asked by her international pen pal what type of economy the United States has. She was a little unsure if the US had a free market economy or a mixed market economy. How can you help explain to her the difference between the two and give evidence for what the US is