State whether each of the following is a stock variable or a flow variable, and explain your

Question:

State whether each of the following is a stock variable or a flow variable, and explain your answer briefly.

a. Total farm acreage in the U.S.

b. Total spending on food in China

c. The total value of U.S. imports from Europe

d. Worldwide iPhone sales

e. The total number of parking spaces in Los Angeles

f. The total value of human capital in India

g. Investment in new human capital in India

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Macroeconomics Principles and Applications

ISBN: 978-1133265238

5th edition

Authors: Robert e. hall, marc Lieberman

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Question Posted: Dec 11, 2012 12:17 AM

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State whether each of the following is a stock variable or a flow variable, and explain your

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a Total farm acreage in the US is a stock variable because it measures the quantity of farms that ex...View the full answer

Macroeconomics Principles and Applications

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