Which of the Following Is a True Statement

question 71

Multiple Choice

Which of the following is a true statement?

• A) Money and income are flow variables.
• B) Money is a flow variable.
• C) Income is a flow variable.
• D) Money and income are stock variables.

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Definitions:

Public Policy

Principles and standards considered to be in the interest of the public and used as a guide in legislative, judicial, or administrative actions.

Reasonable

Actions, decisions, or policies that are logical, fair, and sensible from an objective viewpoint.

Illegal Contract

A contract that is unenforceable by law because it involves activities that are against the law or public policy.

Restraint Trade

Legal provisions designed to prohibit or control practices that restrict free trading and competition between businesses.