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National Income Accounting — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsNational Income Accounting3 Marks
Question
Distinguish between stocks and flows. Give an example of each.
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Answer

Stocks are variables measured at a point of time, whereas flows are variables measured over a period of time.
Example Stock– Population, etc.
Flow- Growth rate of Population, etc.

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