Multiple Choice
When we say that income is a flow variable,we mean that
A) we must attach a time period to the measure for it to make sense.
B) it is measured at a given point in time.
C) it moves through our hands quickly.
D) the value is constantly changing.
Correct Answer:
Verified
Correct Answer:
Verified
Q48: The M1 measure of money includes<br>A)small denomination
Q49: An individual's annual salary is her<br>A)money.<br>B)income.<br>C)wealth.<br>D)liabilities.<br>
Q50: Paper currency that has been declared legal
Q51: From 2004 to 2007,the growth rates of
Q52: Which of the following sequences accurately describes
Q54: When paper currency is decreed by governments
Q55: All of the following are necessary criteria
Q56: Which of the following is NOT included
Q57: A fall in the level of prices<br>A)does
Q58: As a store of value,money<br>A)does not earn