1.

Giving reasons categorise the following into stock and flow : (i) Capital (ii) Saving (iii) Gross domestic product (iv) Wealth

Answer» (i) Capital is a stock. This is so because capital is measured at a point of time.
(ii) Saving is a flow. This is so because it relates to a period of time.
(iii) Gross domestic product is a flow because it relates to a time period which is generally one fiscal year.
(iv) Wealth is a stock because it is measured at a point time.


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