Between 1981 and 1986, as the federal budget deficit increased,

Which of the following statements is true?

A) The level of innovation is likely to be similar in an economy with inclusive institutions and an economy with extractive institutions. B) The number of entrepreneurs is likely to be higher in an economy with extractive institutions than an economy with inclusive institutions. C) The number of entrepreneurs is likely to be lower in an economy with extractive institutions than an economy with inclusive institutions. D) The level of innovation is likely to be similar in a command economy and a market economy.

Tom is an organic gardener. When Tom produces vegetables only for consumption by his family, a. the value of the vegetables he produces is not included in GDP

b. the value of organic vegetables cannot be included in GDP, because organic production does not fit a category of GDP. c. if Tom registers his garden with the Department of Agriculture, the value of his vegetables will be included in GDP. d. the value of farm production is not a part of GDP.