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Basic Concepts & the Circular Flow · Question 37 of 72

Question 37

MediumOriginal question

'Distance travelled by a car' and 'speed of a car' are a good analogy for

Options for question 37

Show the answer and explanation
CorrectNot quiteAnswer C

Correct answer: C

Explanation

  1. Distance covered up to now is a total at a moment, like a stock.

  2. Speed is distance per hour, a rate over time, like a flow.

Concept
Analogy for stocks and flows
Typical time
70 s
Your time
—
The rule this testsStocks and flows
Practise this chapter →

Ten questions from Basic Concepts & the Circular Flow, at your own pace.

Practise this chapter →

Ten questions from Basic Concepts & the Circular Flow, at your own pace.