For the recession of 2007-2009, it took ________ for real GDP to return to its cyclical peak

Extractive economic institutions are:

A) likely to prevent entrepreneurs with new ideas from entering into the right line of business. B) likely to encourage entrepreneurs with new ideas from entering into the right line of business. C) found only in market economies. D) found only in command economies.

Your income will increase if the Federal Reserve buys a Treasury bill from you and pays you with a check from the Fed

Indicate whether the statement is true or false