To Say That Income Is a Flow Measure Means That

question 285

Multiple Choice

To say that income is a flow measure means that it

• A) measures the receipt of funds at a given point in time.
• B) measures the receipt of funds over a period of time.
• C) is determined by a household's assets minus its net liabilities.
• D) is determined by a household's assets plus its net liabilities.

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Definitions:

Propanoic Acid

A naturally occurring organic compound with the formula C2H5COOH, used in the manufacture of various plastics and preservatives.

Line Structure

A simplified representation of a chemical structure using lines to denote chemical bonds and avoiding explicit representation of carbon and hydrogen atoms.

Butanoic Acid

A carboxylic acid with the formula C4H8O2, also known as butyric acid, with a characteristic unpleasant smell, used in the manufacturing of various esters.

Propanoic Acid

A naturally occurring carboxylic acid with the formula C3H6O2, commonly used as a food preservative.