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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:
Assertion (A): Supply of money is a stock variable
Reason (R): Supply of money is measured over a period of time, usually a fiscal year
- a)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).
- b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).
- c)Assertion (A) is true but reason (R) is false.
- d)Assertion (A) is false but reason (R) is true.
Correct answer is option 'C'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) ...
Money supply refers to the total sum of money available to the public in the economy at a point of time. Because money supply is measured at a particular point of time,it is a stock variable.
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Directions: In the following questions, a statement of assertion (A) ...
Answer:
Assertion (A): Supply of money is a stock variable
Reason (R): Supply of money is measured over a period of time, usually a fiscal year
The correct answer is option 'C', that is, Assertion (A) is true but reason (R) is false.
Explanation:
The supply of money is a stock variable because it represents the total amount of money available in the economy at a particular point in time. It is not measured over a period of time like a flow variable. Stock variables are measured at a point in time, whereas flow variables are measured over a period of time.
The reason given for the assertion is incorrect because it defines a flow variable rather than a stock variable. The supply of money can be measured at a point in time, but it is not measured over a period of time like a fiscal year.
Therefore, Assertion (A) is true because the supply of money is a stock variable, but Reason (R) is false because it does not correctly explain the nature of a stock variable.
Assertion (A): Supply of money is a stock variable
Reason (R): Supply of money is measured over a period of time, usually a fiscal year
The correct answer is option 'C', that is, Assertion (A) is true but reason (R) is false.
Explanation:
The supply of money is a stock variable because it represents the total amount of money available in the economy at a particular point in time. It is not measured over a period of time like a flow variable. Stock variables are measured at a point in time, whereas flow variables are measured over a period of time.
The reason given for the assertion is incorrect because it defines a flow variable rather than a stock variable. The supply of money can be measured at a point in time, but it is not measured over a period of time like a fiscal year.
Therefore, Assertion (A) is true because the supply of money is a stock variable, but Reason (R) is false because it does not correctly explain the nature of a stock variable.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer?
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer?.
Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer?.
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Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of Directions: In the following questions, a statement of assertion (A) is followed by a statement of reason (R). Mark the correct choice as:Assertion (A): Supply of money is a stock variableReason (R): Supply of money is measured over a period of time, usually a fiscal yeara)Both assertion (A) and reason (R) are true and reason (R) is the correct explanation of assertion (A).b)Both assertion (A) and reason (R) are true but reason (R) is not the correct explanation of assertion (A).c)Assertion (A) is true but reason (R) is false.d)Assertion (A) is false but reason (R) is true.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
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