Which of the following statements is true?

a

Themarket systemis a mix of decentralized decision-making with some government control. The market system is present in much of the world.

b

In a market system, most resources are owned by the government.

c

In the U.S. version of capitalism, the government plays a significant role in the economy. Government spending is about 20% of total production.

d

All of the above.

e

Only a) and c)