Identify an example of a stock variable.
A)The growth in investment in an economy
B)The change in the price level in an economy over the years
C)The number of unemployed people in an economy in a particular year
D)The increase in the money supply in an economy
E)The fall in consumer spending during two consecutive years

Question

Quizplus · Accepted Answer

A stock variable is a measure of a quantity at a particular point in time, and C, the number of unemployed people in an economy in a particular year, is a quantity that can be measured at a specific point in time. The other options, A, B, D, and E, are all flow variables, which are measures of a quantity over a period of time.

Identify an Example of a Stock Variable