1. which economic system has economic roles that are passed from generation to generation? a. command b. traditional c. generational d. market 2. prices are important to the us economy because they a. are set by the us government. b. act as signals to buyers and sellers. c. let you know how much an item costs. d. determine the quality of a product. 3. the united states is a mixed economy because a. only the government makes economic decisions. b. a mix of products and services is produced. c. only private individuals make economic decisions. d. both private individuals and government officials make economic decisions. 4. in a market economy, who decides what will be produced? a. consumers b. government c. traditions d. managers