In Jessica's case, but not Allen's, the money supply decreases.
Jessica completed the task of withdrawing funds from the bank, through borrowing. Allen made a monetary deposit adding to the bank's availability of funds. These funds are often borrowed by other patrons in who borrow money from the bank-as Jessica did.
The new drug might produce a "high" similar to that of marijuana and repair memory in elderly dementia patients
$12 since 48 divided by 4 is 12.
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Answer:
Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.
In a mixed economic system, most economic decisions are made by consumers or sellers, but some economic decisions are made by the government, such as those dealing with safety regulations, infrastructure (e.g., roads), education, military spending, and certification and business licensing.
Money helps to facilitate trade. Money is a medium exchange because buyers and sellers agree to its common value. Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.
Explanation:
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