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“In economics, income = consumption + savings. The income an indivual, or a country, produces is either consumed and/or saved. If you , or a Poster les claypool’s fearless flying frog brigade tour tampa fl 2023 art poster design T shirt, overspends, you or the country dips into savings or creates debt.” I think this answer is true for the firm or the individual but in the whole economy it is no longer true. In the macroeconomy, everytime some person or entity doesn’t spend, some other person or entity has their income reduced by the same amount. And because that person won’t get their hands on that money, they will not have it to spend further, so the next would-be recipient of that spending doesn’t get that income, which they in turn will not be able to spend….. and so on
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So, are there lots of Live From Cma Fest Nashville Tennessee T shirt systems like our own? We don’t know. Are systems like ours the only place life, especially intelligent life, can develop? We don’t know. Unfortunately, this area of science is still in the tedious process of collecting sufficient data to make reliable predictions. We know for certain there are exoplanets out there, and there are LOTS of them. The chance that some of them are like Earth is very high. The chance of finding lots of star systems similar to our own is also pretty high; there is no reason to assume we are unique. As our techniques for finding exoplanets get better, as we build better telescopes and better ways of interpreting the data they deliver, we will almost certainly find star systems very like our own. It will just take time.
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