Stocks change ________ whereas flows relate to ________. A. within a given period of time; changes...
Stocks change ________ whereas flows relate to ________.
A.
within a given period of time; changes between points in time
B.
between points in time; changes within a given time period
C.
and that causes flows to change; changes that have no impact on stocks
D.
only at the end of each year; amounts at a given point in time
Homework Answers
Option B.
- Stocks change between point's in time whereas flows relate to changes within a given time period.
- Flows and stocks are the two important variable quantities used in economics as they vary in accordance with time.
- Flow variables are those variables that vary within a given time period like hour's or months, or year's etc. For example : exports, imports, expenditure etc.
- While stock's change between any two specific time points and is measured at any one specific point of time. Example capital stocks, inventories, loans etc.
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Stocks change ________ whereas flows relate to ________.
A.
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