Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Which of the following can be classified as a "Stock" variable?

Options:

Wealth of the country

Loan taken by India from Japan

Opening stock of a firm

All of the above

Correct Answer:

All of the above

Explanation:

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.