Four of the Five Statements Below Contain a Stock and a Flow.Which

question 12

Multiple Choice

Four of the five statements below contain a stock and a flow.Which statement describes ONLY stock variables?

• A)Chris earns $1500 per month and has $4000 in his savings account at the bank.
• B)Nancy has a balance owing on her credit card of $2567 and a debt on her line of credit of $14,050.
• C)The Transit Authority of Mytown collects $22 000 in fares per day and has an operating budget of $2 million per year.
• D)Country X spends an average of $1 million per year for flood relief and has an emergency services fund of $20 million.
• E)The Canadian Federal government has a debt of approximately $750 billion and an annual deficit of over $25 billion dollars.