What Is the Basic Difference Between Modern Water Wells and Older

question 1

Multiple Choice

What is the basic difference between modern water wells and older hand dug wells?

• A) older wells are much larger in diameter
• B) older wells capture a greater amount of rainfall
• C) modern wells can be used in deserts
• D) modern wells do not dry up
• E) older wells do not dry up

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Circular-Flow Model

A diagram that traces the flow of resources, products, income, and revenue among economic decision makers.

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Individuals or groups of people living together as a single unit, making economic decisions regarding consumption, savings, and labor supply.

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Economists who study broad aggregates and systemic phenomena in the economy, including inflation, total employment, and economic growth.