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      <title>Remake of economics lesson 1.1 by Madison Melchior</title>
      <link>https://padlet.com/1112893/vu1veropwdkui4v5</link>
      <description></description>
      <language>en-us</language>
      <pubDate>2022-08-25 14:20:25 UTC</pubDate>
      <lastBuildDate>2022-08-25 14:55:37 UTC</lastBuildDate>
      <webMaster>hello@padlet.com</webMaster>
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      <item>
         <title>explain why money is not a resource </title>
         <author>1112893</author>
         <link>https://padlet.com/1112893/vu1veropwdkui4v5/wish/2271535257</link>
         <description><![CDATA[<div>Production is not directly impacted by money. Despite its rarity, we are unable to directly use it as an input or aid in the production process. For instance, instead of using money to construct car frames, automakers use aluminum inputs.</div>]]></description>
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         <pubDate>2022-08-25 14:55:29 UTC</pubDate>
         <guid>https://padlet.com/1112893/vu1veropwdkui4v5/wish/2271535257</guid>
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      <item>
         <title>summarize what economic capital means </title>
         <author>1112893</author>
         <link>https://padlet.com/1112893/vu1veropwdkui4v5/wish/2271535298</link>
         <description><![CDATA[<div>The quantity of money a business requires to survive any risks it takes is known as economic capital. In essence, it's a method for estimating risk. Internally, financial services firms calculate economic capital. It's important to distinguish between economic and regulatory capital (also known as a capital requirement).</div>]]></description>
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         <pubDate>2022-08-25 14:55:32 UTC</pubDate>
         <guid>https://padlet.com/1112893/vu1veropwdkui4v5/wish/2271535298</guid>
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      <item>
         <title>explain how resources can be used to solve the economic problems of scarcity </title>
         <author>1112893</author>
         <link>https://padlet.com/1112893/vu1veropwdkui4v5/wish/2271535410</link>
         <description><![CDATA[<div>Fiscal policy makes advantage of the government's ability to tax and spend. In order to boost the economy during a recession, the government will either raise spending, cut taxes, or do both. The government will either cut spending, raise taxes, or both when there is inflation.</div>]]></description>
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         <pubDate>2022-08-25 14:55:37 UTC</pubDate>
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