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A person's wealth is a stock; his income and expenditure are flows. • The number of people getting their jobs is a number of employed people is a ; The The amount of capital in the economy is a the

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Practice: some examples of related stocks and flows that
we study in future units.
A person's wealth is a stock; his income and expenditure
are flows.
The number of people getting their jobs is a
number of employed people is a
; The
The amount of capital in the economy is a
the
amount of investment is a
The government budget deficit is a
debt is a
; the government

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