When we say that income is a flow variable,we mean that
A)we must attach a time period to the measure for it to make sense.
B)it is measured at a given point in time.
C)it moves through our hands quickly.
D)the value is constantly changing.

Question

Quizplus · Accepted Answer

Income is a flow variable because it is a measure of the amount of money earned or received over a specific time period, such as a week, month, or year. Therefore, it must be measured with a time period attached to it.

When We Say That Income Is a Flow Variable,we Mean