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:

Building Materials

Substances used in the construction of buildings, roads, and other structures, including wood, cement, steel, and glass.

Eutrophication

The process by which a body of water becomes overly enriched with minerals and nutrients, leading to excessive growth of algae and depletion of oxygen.

Acid Deposition

The settling of acidic components from the atmosphere onto the earth's surface, often as rain, snow, or dust, with potential harmful effects on ecosystems, structures, and health.

Climate Change

Recent changes in the Earth’s climate; evidence suggests that this is primarily due to human influence, including the increased release of greenhouse gases.