Choose the correct answer and write only the corresponding letter   1.3 The distinction between a flow and a stock is that: ⦁ a. A flow measures monetary values, while a stock measures real values, such as factory output; ⦁ b. A flow measures an account on a monthly basis, while a stock measures it on an annual basis; ⦁ c. A flow measures value in nominal terms, while a stock measures it in real terms; ⦁ d. A flow measures a quantity over a period of time, while a stock measures a quantity at a specific moment. 1.4 Which of the following represent injections into the circular flow of income and spending? ⦁ a. Exports and investment; ⦁ b. Government spending and imports; ⦁ c. Government spending and saving; ⦁ d. Imports and saving

Economics (MindTap Course List)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter15: Monetary Policy
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Choose the correct answer and write only the corresponding letter

 

1.3 The distinction between a flow and a stock is that:
⦁ a. A flow measures monetary values, while a stock measures real values, such as factory output;
⦁ b. A flow measures an account on a monthly basis, while a stock measures it on an annual basis;
⦁ c. A flow measures value in nominal terms, while a stock measures it in real terms;
⦁ d. A flow measures a quantity over a period of time, while a stock measures a quantity at a specific moment.

1.4 Which of the following represent injections into the circular flow of income and spending?
⦁ a. Exports and investment;
⦁ b. Government spending and imports;
⦁ c. Government spending and saving;
⦁ d. Imports and saving

 

 

 

 

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