Question

_______are defined at a particular point of time (economics class 12)​

Answer 1

Answer:

an indirect is an election in which voters do not choose between candidates for an office who elect the people who then choose .

Answer 2

Answer:

A stock variable is defined as a variable that is measured at a particular point in time.

Explanation:

A stock is a quantity that can be measured at a specific point in time. For example, a country owns and controls a stock of equipment, structures, accessories, raw resources, etc. on a specific day (let's say, January 10 2010). It is a capital stock. A stock has a reference to a specific date on which it reveals its stock position, just like a balance sheet. In contrast to a flow, which has a time dimension, a stock obviously has no time dimension (length of time). Some of the major stock variables in economics are: wealth, capital, labor force, bank deposit, etc.

The volume of the stock variable directly affects the flow variable. Higher stock means leads to a higher flow. For instance, a higher stock variable leads to a higher volume of flow in goods and services.

To find out more about stock variable, check out:

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To find out more about flow variable, check out:

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