An Example of a Flow Variable in Economics Is

question 149

Multiple Choice

An example of a flow variable in economics is:

• A)the total amount of bank loan taken by Emily.
• B)the value of an apartment owned by Jerome.
• C)the price of an antique painting used to decorate an office.
• D)the earnings of Malaya from piano classes each month.
• E)the total value of the U.S.treasury bonds held by China.

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Definitions:

Individualism

A cultural or social perspective that emphasizes the moral worth of the individual and the importance of personal independence and self-expression.

United States

A country located in North America, known for its diverse culture and strong economic and political influence globally.

Short-Term Orientation

A cultural viewpoint that emphasizes immediate outcomes and gratification, rather than long-term goals.

Czech Republic

The Czech Republic is a Central European country known for its rich history, cultural heritage, and its capital, Prague.