Solved

Which of the Following Statements Is True

Question 18

Multiple Choice

Which of the following statements is true?


A) Output is likely to be lower in a market economy than in a command economy.
B) Output is likely to be the same in a command economy and in a market economy.
C) Output is likely to be lower in an economy with extractive institutions than in an economy with inclusive institutions.
D) Output is likely to be the same in an economy with extractive institutions and in an economy with inclusive institutions.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions