2. State whether each of the following is a stock or a flow, and explain. (LO1) a....

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2. State whether each of the following is a stock or a flow, and explain. (LO1) a. The gross domestic product. b. National saving. c. The value of the U.S. housing stock on January 1, 2020. d. The amount of U.S. currency in circulation as of this morning. e. The government budget deficit. f. The quantity of outstanding government debt on January 1, 2020.

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Principles Of Macroeconomics

ISBN: 9781264250356

8th Edition

Authors: Robert Frank, Ben Bernanke, Kate Antonovics, Ori Heffetz

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