M&E Fee. The M&E fee is an acronym that refers to the mortality and expense fee. This fee is charged by the insurance company and it is intended to cover the cost of death benefits (the âmortalityâ portion) and the expenses of other insured income guarantees that might be included with the annuity contract.
What is a 'Shortage'. A shortage is a situation in which demand for a good or service exceeds the available supply. Possible causes of a shortage include miscalculation of demand by a company producing a good or service, resulting in the inability to keep up with demand, or government policies such as price fixing or rationing.
Scarcity Versus Shortage. Scarcity is not the same thing as shortage. A shortage occurs when consumers want more of a good or service that producers are willing to make available at a particular price. Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.This is because the resources that go into making those goods and services are themselves scarce.carcity Versus Shortage. Scarcity is not the same thing as shortage. A shortage occurs when consumers want more of a good or service that producers are willing to make available at a particular price. Scarcity always exists. There simply are not enough goods and services to supply all of society's needs and wants.