-After Looking at the Figure Above, Explain the Significant Difference

question 41

Essay

-After looking at the figure above, explain the significant difference that occurred between 1966 and 1970 in terms of the two lines representing the control watershed and the experimental watershed.

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Definitions:

Circular Flow

A model in economics that depicts how money and goods move through the economy in a loop between households and firms.

Injection

In economics, a method of adding funds or capital to an economy by government spending or exports; in medicine, it's the act of administering a liquid substance directly into the body through a needle and syringe.

Circular Flow

an economic model that depicts how money moves through the economy, from households to businesses and back, via the markets for goods and services and for factors of production.

Value Added

The enhancement a company gives its product or service before offering the product to customers, essentially the difference between the cost of inputs and the value or price of outputs.