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Natural scarcity is that which follows from the relationship between man and nature. Scarcity is natural when it is possible to conceive of it before any human, institutional, contractual arrangement. Artificial scarcity, on the other hand, is the outcome of such arrangements. Artificial scarcity ca...
Capitalized cost reductions are common in a home purchase. In many cases a down payment is usually necessary for amortgage loan, unless borrowing from a government-supported loan program. Most traditional lenders will require a down payment of approximately 10%. The down payment goes toward the ...