Which of the following is the best example of a stock variable?
A) U.S.GDP in 2008
B) The daily sales of economics textbooks
C) Bill Gates' annual salary from Microsoft Corporation
D) The total wealth of the 50 richest U.S.citizens
E) U.S.government purchases during 2008
Correct Answer:
Verified
Q35: Transfer payments are included in government budgets
Q36: An example of a flow variable is
A)
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Q38: GDP is a flow variable because
A) all
Q39: An example of a service counted in
Q41: The largest component of private investment expenditure
Q42: Personal consumption spending now comprises approximately what
Q43: Assume net exports are -$220,consumption is $5,000,tax
Q44: An example of a capital good is
A)
Q45: The most volatile component of GDP is
A)
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