Consider two countries—A and B. Economy A is a command economy, while economy B is a market economy. Given this information, which of the following statements is likely to be true?
A) Both economies are likely to grow at the same rate.
B) Both economies are likely to stagnate without any increase in GDP.
C) Institutions in economy A are likely to be more inclusive than institutions in economy B.
D) Institutions in economy B are likely to be more inclusive than institutions in economy A.
C
Economics