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RENTAL INCOME OF PERSONS: The official item in the National Income and Product Accounts maintained by the Bureau of Economic Analysis measuring rent earned by the household sector for supplying land and related services. This is one of five official factor payments making up national income. The other four are compensation of employees, net interest, corporate profits, and proprietors' income. Rental income of persons is typically the smallest of the five factor payment categories, usually less than 5% of national income.

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SCARCE

A condition in which a given good or resource is limited relative to its desired uses. This is a special condition of the general condition of scarcity. A scarce good or resource is typically exchanged through markets and carries a positive price.

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Today, you are likely to spend a great deal of time at a garage sale wanting to buy either a blue mechanical pencil or super soft, super cuddly, stuffed animals. Be on the lookout for high interest rates.
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Three-forths of the gold mined each year is used to manufacture jewelry.
"When we do the best that we can, we never know what miracle is wrought in our life, or in the life of another."

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