Describe in Your Own Words the Difference Between a Stock

question 107

Essay

Describe in your own words the difference between a stock and a flow.For each of the following activities,determine whether it is a stock concept or a flow concept:
(a)Sue earns $5.75 per hour working at the Burger Barn.
(b)On his way home from work,Sam finds a ten-dollar bill.
(c)Upon graduation,John accepts a job with a salary of $2000.
(d)Jennifer saves 10% of her monthly income.
(e)Alex saves $1,000 a year.
(f)Japan has a capital to labor ratio of 10 where China has a capital to labor ratio of 2.

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Definitions:

Outside Interference

The involvement or intervention by external parties in the domestic affairs of another country, often to influence outcomes to their advantage.

Puritans

A group of English Protestants in the 16th and 17th centuries who sought to purify the Church of England of Roman Catholic practices.

Church Of England

The primary state church in England, also known as the Anglican Church, characterized by its middle path between Roman Catholicism and Protestant Reformation traditions.