Difference between stock and flow. OR..... Is there any relationship between unemployment and poverty ? Explain
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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).
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The economic health of a country is affected by its employed and unemployed workers. ... Full employment occurs when all labor resources are used to put people to work. Unemployment exists when willing workers cannot find jobs.
Yes, there do exist a direct and positive relationship between unemployment and poverty. Unemployment leads to poverty and poverty in turn leads to unemployment. An unemployed person has no means to earn money and cannot fulfill his own and his family's basic needs.