Economics · Macroeconomics Concepts
Which of the following statements about Stock Variables and Flow Variables are CORRECT? I. Capital, bank deposits, and water in a tank are examples of stock variables. II. Stock variables have an element of time attached to them. III. Flow variables are dynamic in nature. IV. Net investment and interest earned on deposits are examples of flow variables.
- 1I and II only
- 2I, III and IV only✓
- 3II and III only
- 4I, II, III and IV
Correct answer
I, III and IV only
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