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A quantity measured per unit of time period is known as
Stock variable
Flow variable
Inventory
None of these
- Option 1: Stock variable
- A stock variable is a measurement taken at one specific time, showing quantities that exist at that exact moment.
- Examples include the amount of money in a bank account or the capital of a company.
- Option 2: Flow variable
- A flow variable is measured over a period of time, showing how much has occurred between two points.
- Examples include income per year or water flowing in a river per second.
- Correct Answer
- Option 3: Inventory
- Generally, inventory refers to goods and materials a business holds, which is not typically defined as time-related.
- It fits more closely with stock variables, as it reflects quantities at a particular time.
- Option 4: None of these
- This option would be correct if none of the given answers were suitable descriptions.
By: santosh ProfileResourcesReport error
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