Refer to Figure 4-9. The price buyers pay after the tax is

In comparison to an economy with extractive institutions, an economy with inclusive institutions will be characterized by:

A) higher output and larger number of entrepreneurs. B) lower output and a higher number of entrepreneurs. C) higher output and smaller number of entrepreneurs. D) lower output and smaller number of entrepreneurs.

Which of the following is true? a. The FDIC sets the reserve requirements for commercial banks

b. The Federal Reserve System guarantees the deposits in almost all banks up to a limit of $1,000,000 per account. c. If a bank should fail, the FDIC guarantees that depositors can get their funds up to a limit of $250,000 per account. d. all of the above