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A variable that depends on an instant rather than a flow of time

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16y ago

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Define stock and flow with example?

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What are the examples of stock variables?

Stock variables represent quantities measured at a specific point in time, reflecting a snapshot of a situation. Examples include the total amount of money in a bank account, the inventory of goods in a warehouse, and the national debt of a country. These variables contrast with flow variables, which measure changes over a period, such as income or expenditures.


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Is population a stock variable?

Yes, population is considered a stock variable because it represents a quantity measured at a specific point in time. Unlike flow variables, which measure rates of change over time (such as birth or death rates), stock variables like population provide a snapshot of the total number of individuals in a given area at that moment. This quantity can change over time due to births, deaths, and migration, but it is defined at any instant as a fixed number.


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