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Answer in Economics for Saldisha #283628

Author:
March 18th, 2023

GDP is a stock variable while government debt is a flow variable. True/False

Most macroeconomic variables reported by statistical agencies are flow variables. Gross Domestic Product (GDP) represents the value of final goods produced by the economy during a given year. GDP is a flow that is measured in dollars, euros, or other currency units per year.

So, the statement is false.

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