Net wealth is a __________ variable.Consumption and income are __________ variables.
A)stock,flow
B)stock,stock
C)stock,flat
D)flow,stock
E)flow,flow

Question

Quizplus · Accepted Answer

Net wealth is a stock variable because it represents the accumulated value of assets over time. On the other hand, consumption and income are flow variables because they measure the changes in wealth over a period of time, such as a month or a year.

Net Wealth Is a __________ Variable