12th Class Economics Solved Paper - Economics 2011 Outside Delhi Set-I

  • question_answer
    What are stock variables?

    Answer:

    A stock variable is measured at one specific time, and represents a quantity existing at that point in time (say, March 31, 2017), which may have accumulated in the past. A flow variable is measured over an interval of time. Therefore a flow would be measured per unit of time (say a year). Flow is roughly analogous to rate or speed in this sense.


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