Multiple Choice
What is the difference between a flow variable and a stock variable?
A) A stock variable is a variable that is measured over a specific period of time while a flow variable is a variable that is independent of time.
B) A flow variable is a variable that is measured in units of current prices while a stock variable is measured using prices from a base period.
C) A flow variable is a variable that is measured over a specific period of time while a stock variable is a variable that is independent of time.
D) A stock variable is a variable that is measured in units of current prices while a flow variable is measured using prices from a base period.
Correct Answer:
Verified
Correct Answer:
Verified
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