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

Question:

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, 2005.

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, 2005.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Principles Of Macroeconomics

ISBN: 9780077331542

4th Edition

Authors: Robert Frank, Ben Bernanke

Question Posted: