If an economy produces GDP of ` 30 billion per year with a capital stock of ` 135 billion, then capital output ratio is a
A. stock variable with a value of ` 4.5 billion.
B. stock variable with a value of 4.5 years.
C. flow variable with a value of ` 4.5 billion.
D. flow variable with a value of 4.5 as pure number.
Answer:D
If an economy produces GDP of ` 30 billion per year with a capital stock of ` 135 billion, then capital output ratio is a
A. stock variable with a value of ` 4.5 billion. B. stock variable with a value of 4.5 years. C. flow variable with a value of ` 4.5 billion. D. flow variable with a value of 4.5 as pure number.