Ideas and discussions about economic and financial literacy issues.
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Friday, September 16, 2011
Markets
I know we tell students that the market exists where supply meets demand. But we also have consider what each of those mean. Demand is a willingness to buy. Supply is willingness to sell. If you don't have both, you don't have a market.
All entries prior to August 15, 2007 appeared on the economic education blog of the Federal Reserve Bank of Chicago. Entries between August 15, 2007 and July 31, 2009 were under the auspices of the Powell Center for Economic Literacy in Richmond, VA.
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