Assume that the price of sorghum grain is $6.00 per bushel. When we apply 30 tons of fertilizer on our 20 acres of sorghum grain, the total yield is 1,000 bushels. When we apply 50 tons of fertilizer, the total yield is 1,500 bushels. What is the

European governments accepted prolonged periods of unemployment in the 1990s in order to reduce inflation.

Answer the following statement true (T) or false (F)

Which of the following statements is correct?

A. A single bank can legally lend an amount equal to its total reserves. B. When borrowers repay bank loans, the money supply is increased. C. A bank can only grant loans to customers if it has excess reserves. D. When borrowers take out bank loans, the money supply is decreased.