Tariffs, Trade, and Trouble at the Pump: An Economics 101 Wake-Up Call
Some of us may remember (not so fondly) our college Economics 101 class and its basic concepts. For example, there is Scarcity: The idea that resources are limited, but human wants are unlimited. This forces people to make choices. There also is Supply and demand: The relationship between how much of a good is available and how much people […]
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