Income is a _ variable, and financial wealth is a _ variable. A. stock; flow. B. flow; stock. C. stock; stock.

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Income is a _ variable, and financial wealth is a _ variable. A. stock; flow. B. flow; stock. C. stock; stock.

D. flow; flow. The term investment, as used by economists, refers to the ___________. A. purchase of new houses by households only. B. accumulation of inventories by firms when production exceeds sales. C. purchase of new plants and equipment by firms and the purchase of new houses by households. D. purchase of bonds and shares of stock

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uranmaximum [27] · Answer 1 · 2022-01-12T05:28:42+03:00

Answer: The correct answers are "B. flow; stock" and "C. purchase of new plants and equipment by firms and the purchase of new houses by households."

Explanation: Income is a flow variable, and financial wealth is a stock variable. The term investment, as used by economists, refers to the purchase of new plants and equipment by firms and the purchase of new houses by households.

Flow: variable whose quantity is measured per unit or given period of time; for example, income, investment.

Stock: variable whose quantity is measured at a certain moment of time; for example: population, wealth, capital stock.

The investment is related to using resources in order to achieve some benefit.

Income is a​ _______ variable, and financial wealth is a​ _______ variable. A. ​stock; flow. B. ​flow; stock. C. ​stock; stock.

Income is a _ variable, and financial wealth is a _ variable. A. stock; flow. B. flow; stock. C. stock; stock.