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The Federal Reserve Board has the power to
Price of Land
The monetary value assigned to a piece of land based on its characteristics, demand, and supply conditions.
Demand for Trees
The consumer desire or market requirement for trees, whether for lumber, paper products, or environmental benefits.
Demand for Paper Products
The total quantity of paper goods consumers are willing and able to purchase at various prices.
Elasticity
A measure of how much the quantity demanded or supplied of a good or service changes in response to a change in its price.
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