An Example of a Stock Variable in Economic Theory Will

question 5

Multiple Choice

An example of a stock variable in economic theory will be:

• A)the amount of money saved by an individual each week.
• B)the amount of money spent on buying gasoline each month.
• C)the weekly grocery bill of an average household.
• D)the total value of the government bond held by an individual.
• E)the total fiscal spending during a particular quarter.

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Definitions:

Skewed

A description of a distribution that is not symmetrical, with a majority of data points lying on one side of the mean.

Width

The measurement of the extent of something from side to side, often used in reference to dimensions of objects.

Classes

Categories or groups into which data points or objects are organized based on defined criteria.

Largest Observation

The largest observation refers to the highest value or data point measured or collected within a dataset.