Question

Identify the following as stock or flow variables:
(iv) Distance between Chennai and Delhi
(vii) Oil reserves of India known so far
(ix) National Wealth of India as of today

Answer 1

Explanation:

(iv) Distance between Chennai and Delhi

(vii) Oil reserves of India known so far

(ix) National Wealth of India as of today

Answer 2

Answer:(iv) stock

Explanation:

Distance between Chennai and delhi is fixed (land resources are fixed ) so it is stock variable .