Practicing Success
Which of the following can be classified as a "Stock" variable? |
Wealth of the country Loan taken by India from Japan Opening stock of a firm All of the above |
All of the above |
Stock variables are those variables which are measured at a particular POINT of time whereas, flow variables are those variables which are measured over a PERIOD of time. Wealth of the country, Loan taken by India from Japan and Opening stock of a firm will be measured at a POINT of time and not a PERIOD of time thus, we will take is as a stock variable. |