The number of people that are laid off in a month is
A) a stock.
B) a flow.
C) both a stock and a flow.
D) neither a stock nor a flow.

Question

Quizplus · Accepted Answer

A flow refers to a quantity measured per unit of time, such as the number of people laid off in a month. A stock, on the other hand, refers to a quantity measured at a specific point in time, such as the total number of unemployed individuals. Therefore, the number of people laid off in a month is a flow.

The Number of People That Are Laid Off in a Month