A flow variable
A) measures a process that takes place over a period of time
B) is often used to measure the amount of wealth that a household has
C) is related to the supply and demand of water
D) measures a quantity in existence at a moment in time
E) is a definition unique to economics

Question

Quizplus · Accepted Answer

A flow variable measures a process that takes place over a period of time. For example, income or production is a flow variable as they occur over a specific duration.

A Flow Variable