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At a certain depth,the area where the spaces in soil and rock are completely filled with water.What is this called?
Externalities
Economic side effects or consequences of commercial activities that affect other parties without being reflected in costs.
Price Mechanism
The process through which prices rise and fall as a result of changes in supply and demand, determining the allocation of resources in a market economy.
Wage and Price Controls
Government-imposed restrictions on the levels at which wages and prices can be set, usually to control inflation.
Inflation
A general increase in prices and decrease in the purchasing value of money.
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