An example of a flow variable in economics is _____
A) the total amount of bank loan taken by Emily.
B) the value of an apartment owned by Jerome.
C) the price of an antique painting used to decorate an office.
D) the earnings of Malaya from teaching piano classes each month.
E) the total value of the U.S. treasury bonds held by China.

Question

Quizplus · Accepted Answer

Flow variables are measured over a period of time, and D (the earnings of Malaya from teaching piano classes each month) fits this description as it represents a quantity measured per month.

An Example of a Flow Variable in Economics Is _____