Which of the following is a true statement?
A) Money and income are flow variables.
B) Money is a flow variable.
C) Income is a flow variable.
D) Money and income are stock variables.
Correct Answer:
Verified
Q1: _ is a flow of earnings per
Q2: An individual's annual salary is her
A)money.
B)income.
C)wealth.
D)liabilities.
Q3: Which of the following statements uses the
Q4: If peanuts serve as a medium of
Q8: _ is used to make purchases while
Q10: Even economists have no single,precise definition of
Q11: Of money's three functions,the one that distinguishes
Q11: Money is
A) anything that is generally accepted
Q14: A person's house is part of her
A)money.
B)income.
C)liabilities.
D)wealth.
Q16: When compared to exchange systems that rely
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