UI Post-UTME Economics 2023 (Model questions) Question 6

Question 6

Basic Concepts

Which of the following is not example of stock variable?

  1. A.quantity of shoes for sale in a shop
  2. B.number of buildings in OAU
  3. C.cars at the car park
  4. D.number of time shola eats in one day
Show the answer and explanation

Answer: D (number of time shola eats in one day)

Explanation

A stock is measured at a point in time; how often someone eats per day is measured over a period, so it is a flow.