A flow variable:

a. Is an inconsistency in terms, because something cannot be a "variable" and a "flow" at the same time.
b. Is measured at a point in time.
c. Is measured over a period of time.

.C

Economics

You might also like to view...

Using a graph, illustrate what the market effects of a quota, a tariff, or a complete ban on imports would be

What will be an ideal response?

Economics

If a bank receives a $20 million discount loan from the Federal Reserve, then the bank's reserves will

A) increase by more than $20 million. B) increase by $20 million. C) not change. D) increase by less than $20 million.

Economics