Question

Distinguish between stock and flows. Give two examples each. 

Answer 1

STOCK	FLOW
Stock: - Quantity of an economic variable which is measured at a particular point of time.	Flow: Flow is that quantity of an economic variable, which is measured during the period of time.
Stock has no time dimension. Stock is static concept.	Flow has time dimension- like per hr, per day etc. Flow is a dynamic concept
Stocks influences flow	Flow influences stock
Population, Capital, Money supply, Property, wealth, water in a tank etc.	National Income, saving rate, Investment, change in money supply, Water flowing from the tank etc.