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

question 22

Multiple Choice

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

• A)The Canadian Federal government has a debt of approximately $450 billion and an annual deficit of over $25 billion dollars.
• B)Nancy spends $400 per month on her credit card and has a balance owing of $2567.
• C)Chris earns $1500 per month and has $4 000 in his savings account at the bank.
• 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 Transit Authority of Mytown collects $22 000 in fares per day and has an operating budget of $2 million per year.

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Definitions:

Environmental Degradation

The deterioration of the environment through depletion of resources such as air, water, and soil; the destruction of ecosystems and the extinction of wildlife.

Environmental Actions

Initiatives or measures taken to protect the natural environment and to mitigate the impacts of human activities.

Mental Traps

Psychological patterns or biases that lead individuals to interpret or act in ways that are irrational or not in their best interest.

Alternative Paths

Different routes or methods that can be taken to achieve a particular goal or outcome.