giving reason categorize the following into stock and flow
capital
saving
GDP
wealth
production of cement
machinery of sugar mill
services of tutor
a hundred rupee note
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capital - invest the own business
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i. Capital:
Capital is a stock variable because it is a quantity measured at a particular period of time
ii. Saving:
Saving is a flow variable because it is a quantity measured over a specified period of time (If it is given as savings, then it will be considered a stock concept which accumulates money at a particular point of time).
iii. Gross domestic product:
Gross domestic product is a flow variable because it is a quantity measured over a specified period of time.
iv. Wealth:
Wealth is a stock variable because it is a quantity measured at a particular period of time. It includes accumulated past savings and income not spent.
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