Is Birth Rate stock or flow variable??
Answers
Answer:
it is flow variable
hope this helps you
Answer :
Birth rate is a flow variable.
Explanation :
Birth rate is a flow variable because it measures the number of births occurring in a specific time period, usually per 1,000 individuals in a population over a year. A flow variable represents a quantity that is measured over a specified period, such as per day, week, month, or year. In contrast, a stock variable represents a quantity that is measured at a specific point in time, such as the total population, wealth, or debt. While birth rate can affect the stock of a population over time, it is not a stock variable in itself. Understanding the distinction between stock and flow variables is important in economics and other fields that deal with measuring and analyzing quantitative data.
In conclusion, birth rate is a flow variable that measures the number of births occurring in a specific time period, and is important to distinguish from stock variables, which represent quantities measured at a specific point in time.
To know more about the concept please go through the links :
https://brainly.in/question/1763531
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