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What do you mean by the following term? Stock variables - Economics

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Question

What do you mean by the following term?

Stock variables

Short Answer
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Solution

Stock variables are economic variables that are measured at a specific point in time. They show the quantity of something that exists at a given moment, not over a period.

Examples:

  • Money supply on a particular date
  • National wealth
  • Population
  • Capital stock

These variables do not have a time dimension like flow variables do.

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Chapter 16: Basic Concepts of Macro Economics - TEST QUESTIONS [Page 16.8]

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R. K. Lekhi and P. K. Dhar Economics [English] Class 12 ISC
Chapter 16 Basic Concepts of Macro Economics
TEST QUESTIONS | Q B. 2. (ii) | Page 16.8
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