Consider Two Economies: Economy a and Economy B

Consider two economies: Economy A and Economy 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) Institutions in Economy A are likely to be more inclusive than institutions in Economy B.
B) Institutions in Economy B are likely to be more inclusive than institutions in Economy A.
C) Both economies are likely to grow at the same rate.
D) Both economies are likely to stagnate without any increase in GDP.

Correct Answer:

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