Difference between stock and flow class 12th economics
Answers
Answered by
0
Answer:
A stock is measured at one specific time, and represents a quantity existing at that point in time (say, December 31, 2004), which may have accumulated in the past. A flow variable is measured over an interval of time. Therefore, a flow would be measured per unit of time (say a year).
Answered by
0
Answer:
Stock
Meaning: Any economic variable which is calculated at a period of time is called Stock.
Nature: Static concept
Time Dimension: Time Dimension is absent.
Example: Wealth, Foreign Assets
Flow
Meaning: Any economic variable which is calculated during a period of time is called Flow.
Nature: Dynamic concept
Time Dimension: Time Dimension is present.
Example: Gross Domestic Product, Investment
Similar questions