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Classify the following as Stock and Flow :(i) Amount of bank deposits as on 31. 03. 2018(ii) Losses (iii) Production of cement in the year 2018(iv) Profit(v) Population of india as on 31^(st) March, 2018 (vi) Number of literate people as on 31 . 03. 2018(vii) Savings(viii)National income of a country (ix) Capital (x) Number of persons employedduring December (xi) Balance in a bank account (xii) Raw material in a godown as 31^(st) Jan, 2019(xiii) Production(xiv) Wealth (xv) Gross domestic produt |
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Answer» Solution :(i) Stock as they are related to a point of TIME. (ii) Flow as LOSSES are measured over a period of time. (iii) Flow as production is measured over a period of time . (iv) Flow as profit is related to a point of time, (v) Stock as population is related to a point of time. (vi) Stock as it isrelated to apoint of time. (vii) Flow as savings are related to a period of time. (viii) Flow as national income is related to a period of time. (ix)Stock as capital is related to a point of time. (x) Flow as it is related to a period of time. (XI) Stock as it is related to a point of time. (xii) Stock as it is related to a point of time. (xiii) Flow as production ismeasured over a period of time. (xiv)Stock as wealth is related to a point og time. (xv)Flow as GROSS domestic product is measured over a period of time. |
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