When we say that money is a stock variable, we mean that:

A. The quantity of money is measured at a given point in time.
B. It is sold in the equity market.
C. Money never loses purchasing power.
D. We must attach a time period to the measure.

Question

02-08-2024
Business

Answered

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When we say that money is a stock variable, we mean that:

A. The quantity of money is measured at a given point in time.
B. It is sold in the equity market.
C. Money never loses purchasing power.
D. We must attach a time period to the measure.

Sagot :

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GinnyAnsweridn GinnyAnsweridn · Answer 1 · 2024-08-02T18:05:27-04:00

Final answer:

Money as a stock variable is measured at a specific point in time, representing a set quantity regardless of time periods.

Explanation:

Money as a stock variable means that the quantity of money is measured at a specific point in time, independent of time periods. For example, when we know the balance in a checking account is $1,000, it is a stock variable as it represents a specific amount at a given moment. Stock variables are contrasted with flow variables like income, which require a time dimension to be meaningful.

When we say that money is a stock variable, we mean that:

A. The quantity of money is measured at a given point in time.
B. It is sold in the equity market.
C. Money never loses purchasing power.
D. We must attach a time period to the measure.

Sagot :

Final answer:

Explanation:

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