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July 15, 2026 

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OPTION: A contract that gives the buyer an "option" to complete a transaction within a given time period. Options are used frequently in financial markets.

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THREE QUESTIONS OF ALLOCATION

The three basic questions that an economy must answer because of limited resources and unlimited wants and needs are: What? How? and For Whom? The basic problem of scarcity requires every society to determine: What goods to produce? How to produce the goods? And who receives the goods that are produced?

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APLS

BLACK DISMALAPOD
[What's This?]

Today, you are likely to spend a great deal of time watching infomercials seeking to buy either an electric coffee pot with automatic shutoff or a brown leather attache case. Be on the lookout for crowded shopping malls.
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This isn't me! What am I?

More money is spent on gardening than on any other hobby.
"The time to repair the roof is when the sun is shining."

-- John F. Kennedy, 35th U. S. president

BLS
Bureau of Labor Statistics
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