| A | B |
|---|
| EPA (Environmental Protection Agency) | government agency that regulates the way businesses interact with environment |
| FCC (Federal Communication Commission | government agency that regulates communications |
| Anti-trust laws | How the government discourage monopolies |
| You have a command economy if | government is the most important economic decision-maker |
| public | US government is a decision-maker for this sector of the economy |
| Governments use taxes to produce | public good & services |
| Free Market | private ownership of property and resources |
| Federal Trade Commission (FTC) | ensures the nation’s markets are efficient and free of restrictions that harm consumers |
| Federal Reserve System | US central bank that regulates money supply |
| contract | a legal agreement to do something |
