In 1 or 2 sentences, explain how conservation affects scarce resources.

Conservation is the right way to protect scarce resources. For example, endagered species or species that are rare and has low population in the world, are being protected by conserving the habitat like rainforests, safaris, etc.  Conservation is the act of managing scarce resources

The federal reserve took an expansionary approach during the crisis. this was done by expanding the money supply and boosting liquidity. this can be seen in the fed's actions of lending to banks, purchasing securities, and lowering the federal funds rate in order to lower overall interest rates. the fed's goal was to increase consumer spending and overall liquidity within the system, and they pursued this by expanding the supply of liquid money.