Economics · Macroeconomics
Consider the following statements regarding stock and flow variables: I. Money is a stock, while expenditure is a flow. II. Wealth is a stock, while income is a flow. III. Government debt is a stock, but interest payment is a flow. IV. Bank deposits are a stock, while bank loans are a flow. Which of the statements given above are correct? [2]
- 1All I, II, III and IV✓
- 2Only II, III and IV
- 3Only I, II and III
- 4Only I and II
Correct answer
All I, II, III and IV
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