is income is the example of flow variable
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Explanation:
It has time dimension. National income is a flow. Similarly, all other economic variables which have time dimension, i.e., whose magnitude can be measured over a period of time are called flow variables. For instance, income of a person is a flow which is earned during a week or a month or any other period.
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Answer:
yes, income is a flow variable.
Explanation:
A flow variable is a variable that is measured over a specific period of time
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