Multiple Choice
The difference between a stock and a flow is
A) a stock is something measured at one point in time while a flow is something that is expressed per unit of time.
B) a stock is something measured at one point in time while a flow is something that is fixed.
C) a stock is expressed per unit of time while a flow is measured at one point in time.
D) a stock refers to the solid inventory firms have on hand while a flow refers to the liquid inventory firms have on hand.
Correct Answer:
Verified
Correct Answer:
Verified
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