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No, it is a stock measure, as in, it is measured at a given point in time.
Income on the other hand IS a flow measure, you must specify a time period for it ex. income per month or per year.
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∙ 15y ago
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∙ 10y agostock variable
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Is production a stock and income a flow?
yes, production is a stock concept and income is a flow concept.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
Demand is a flow concept justify?
Demand is a flow concept because our willingness and ability to buy is subjected to a timeperiod. At different times, we may have different demand schedules.
What use is the concept of perfect competition in business economics?
circular flow
How does the circular flow of economic activity generates wealth in an economy?
It doesn't. The economy will remain stagnent.
What is the relationship between a flow concept and a stock concept?
The flow concept is the one in which goods and services move from person to person. In the stock concept, stocks build up or get depleted, they do not flow.
What IS STOCK Concept and flow concept?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
Is production a stock and income a flow?
yes, production is a stock concept and income is a flow concept.
Stock and flow concept in macroeconomics?
Stock concept doesn't have a time reference whereas Flow concept has time reference i.e. Stock concept gives the value at an instant of time while flow concept gives the values over a period of time.
Ask us of these best characterizes the flow of wealth during the period of colonization?
There was a one-way flow of wealth from the colonies to their colonial masters.
Define biological wealth and apply the concept to the human use of that wealth?
Biological wealth is the biodiversity that surrounds the world. We all depend on care and conservation.
Demand is a flow concept justify?
Demand is a flow concept because our willingness and ability to buy is subjected to a timeperiod. At different times, we may have different demand schedules.
USing the theory called electron flow concept means that electrons flow from?
Negative to positive
Basic concept of resistor?
resistor is to resists the flow of current
What is the logic concept?
The specific details and information flow a particular industry.
What use is the concept of perfect competition in business economics?
circular flow
Redisturbution of wealth?
The concept of redistribution of wealth is a school of thought which claims that society take from the rich and give to the poor,popularized by the fable of robin hood. The concept is a prevailing feature of mist communist / socialist nations, though it is also appearing in the United States.
