Identify an Example of a Flow Variable

question 97

Multiple Choice

Identify an example of a flow variable.

• A)The volume of the federal government's debt
• B)The population of a country in a particular year
• C)The total amount of an individual's wealth
• D)The amount of sales tax collected per year
• E)The total amount of unemployment in an economy

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Definitions:

Crisis Management Program

A structured approach to dealing with, preparing for, and mitigating any unexpected or dangerous situation that affects an organization, its stakeholders, or the general public.

Plan

A detailed proposal for doing or achieving something, typically involving the arrangement and coordination of activities and resources.

Anticipate

The act of expecting or predicting something to happen in the future and preparing for it.

Executive Reality Check

A process or moment where business leaders assess the truth of their company's situation, beyond biases or assumptions.