Explain the difference between a stock magnitude and a flow magnitude.
Label each of the following as either a stock or a flow:
(1)depreciation
(2)GDP
(3)wealth
(4)gobernment debt
(5)government deficit
(6)money supply
(7)labor force
(8)labor services
(9)net exports
(10)transfer payments
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Label each of the following as either a stock or a flow:
(1)depreciation
(2)GDP
(3)wealth
(4)gobernment debt
(5)government deficit
(6)money supply
(7)labor force
(8)labor services
(9)net exports
(10)transfer payments
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