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Scarcity is a key concept in economics. It refers to the gap between limited supply and unlimited wants. Scarcity underpins how goods are priced and resources are distributed. As a school board member, scarcity is a term I want our kids to learn about in the classroom. As an advocate for Latino homeownership, scarcity is a topic I want the Federal Reserve to keep in mind as it moves forward with a new proposal that could put mortgages out of reach. (Photo by Pexels)
Federal Reserve proposal does not make economic sense
Guest Opinion//December 1, 2023//[read_meter]
Scarcity is a key concept in economics. It refers to the gap between limited supply and unlimited wants. Scarcity underpins how goods are priced and resources are distributed. As a...
