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

question 55

Multiple Choice

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

• A)Chris earns $1500 per month and has $4000 in his savings account at the bank.
• B)Nancy spends $400 per month on her credit card and has a balance owing of $2567.
• 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 $450 billion and an annual deficit of over $25 billion dollars.

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Definitions:

Time Passage

The progression of time or the process of time moving forward, often perceived through changes or events.

Cultural Significance

Cultural significance refers to the importance of an item, practice, or tradition within the beliefs, values, and norms of a culture, influencing its identity and heritage.

Memory

is the cognitive function that allows individuals to encode, store, and retrieve information over time.

Culture

The shared values, traditions, norms, customs, arts, history, folklore, and institutions of a group of people.