Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:
From the given below items identify the stock variable-
Options:

Amount of bank deposits as on 31.03.2022

Investment expenditure

Number of deaths due to communicable diseases during Jan 2022

Speed of a car

Correct Answer:

Amount of bank deposits as on 31.03.2022

Explanation:

Stock variables are those variables that are measured at a particular POINT of time whereas, flow variables are those variables that are measured over a PERIOD of time. Losses incurred by a firm is measured over a PERIOD of time and thus considered as a "Flow variable", whereas, Bank deposits as on 1st Oct 2017, Money supply, etc are measured on a POINT of time and thus, will be considered as a stock variable. In the above question, as, the "Amount of bank deposits as on 31.03.2022" is calculated at a particular POINT of time thus, it will be considered as a "Stock variable".