Question

Inventory Is A Stock Variable True Or False

Answer 1

Answer:

Yes, Inventory is a stock variable

Answer 2

In this case,the answer is true.

Explanation:

• In Economics,a flow variable implies any economic component or variable that is dynamic or constantly changing.Hence,normally flow variables cannot be calculated or measured at any single point in time.Examples of flow variables include income,investment level,expenditure and so on.
• On the other hand,a stock variable is an economic variable or component that can be usually measured or evaluated at any single point in time.Therefore,stock variables are not constantly dynamic or variable and can be fixed at any particular time period.Examples of stock variable commonly include overall wealth,population,money supply,inventory of firms and companies,financial loans etc.