Does It Have to Be Raining for a River to Flood

question 56

Multiple Choice

Does it have to be raining for a river to flood?

• A) Yes. Only the rain that falls into the river fills it up and causes it to overflow.
• B) Yes. Rain runs off over the ground and into the river causing flooding.
• C) No. Snow and rain that fall into the river fill it up and cause it to overflow.
• D) No. Rivers can flood after rain has stopped and tributaries have flowed into bigger streams.
• E) No. Rivers can flood during droughts without any rain.

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Definitions:

Marginal Revenue Product

The extra income obtained by using an additional unit of a production input while keeping other inputs unchanged.

Labor Market

The supply and demand for labor, where employees offer their services and employers seek to hire, influencing wages and employment levels.

Equilibrium

A state in a market where supply equals demand, and there is no incentive for prices to change, resulting in market stability.

Economic Rent

The extra amount earned by a resource above what would be needed to keep that resource in its current use, often due to scarcity or unique qualities.