* 2,000 note lying in wallet of Rohini, a student is an example of
(stock/flow) variable.
(Fill up the blank with correct alternative.)
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2,000 note lying in wallet of Rohini, a student is an example of a stock variable.
* Stock variables are measured with respect to a particular time whereas flow is associated with a period of time.
* Flow variable- national income or the flow of goods and services during a period of time.
Examples: expenditure, savings, income, etc.
* Stock variable- wealth is a stock as it is fixed and does not change.
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