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.
yes, production is a stock concept and income is a flow concept.
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.
flow
Flow
Supply is generally considered a flow concept. It refers to the quantity of a good or service that producers are willing and able to sell at a given price over a specific period of time. In contrast, stock concepts refer to quantities measured at a specific point in time, such as inventory levels. Thus, while supply reflects ongoing production and sales activities, it is not a static measure.
yes, production is a stock concept and income is a 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.
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.
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.
Credit is primarily a flow concept rather than a stock concept. It represents the ability to borrow money over a certain period, reflecting the ongoing transactions and agreements between lenders and borrowers. While outstanding credit can be measured as a stock at a specific point in time (e.g., total amount of loans), the dynamics of credit involve continuous inflows and outflows over time. Thus, understanding credit requires considering both its stock and flow aspects.
flow
Flow
It is a flow.
Supply is generally considered a flow concept. It refers to the quantity of a good or service that producers are willing and able to sell at a given price over a specific period of time. In contrast, stock concepts refer to quantities measured at a specific point in time, such as inventory levels. Thus, while supply reflects ongoing production and sales activities, it is not a static measure.
examples of stock variables and flow variables stock: saving,capital,labour force, wage rate, flow: income,investment,balance of payment
concept of per stock in hotel industry
Common stock is shown under "Cash flow from financing activities" section of cash flow statement.