Stock variables are measured at a point in time (e.g., wealth, capital). Flow variables are measured over a period of time. National Income is earned over a year and profits accrue over a period, so both are flow concepts.
CUET UG 2022 — Economics Macro
Economic variables such as 'National Income' and 'profits' can be classified under which of the following heads ?
Verified 13 Jul 2026.
Stock concept
Flow concept
Depreciation
Final goods
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