Solved

Four of the Five Statements Below Contain a Stock and a Flow.Which

Question 42

Multiple Choice

Four of the five statements below contain a stock and a flow.Which statement describes ONLY stock variables OR flow variables?


A) The Transit Authority of Mytown collects $22 000 in fares per day and has an operating budget of $2 million per year.
B) Country X spends an average of $1 million per year for flood relief and has an emergency services fund of $20 million.
C) The Canadian Federal government has a debt of approximately $450 billion and an annual deficit of over $25 billion dollars.
D) Nancy spends $400 per month on her credit card and has a balance owing of $2567.
E) Chris earns $1500 per month and has $4000 in his savings account at the bank.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents