Are the following stocks or flow variables?

(i) Investment

(ii) Monetary Expenditure

(iii) A Hundred Rupee Note

(iv) A Family's Consumption of Sugar

(v) Services of a Tutor

(vi) Production of Cement

(vii) The machinery of a Sugar Mill

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Solution

(i) Investment: It is a flow concept because it is related to a period of time.

(ii) Monetary Expenditure: It is a flow concept because it is related to a period of time.

(iii) A Hundred Rupee Note: It is a stock concept because it is a component of money supply, which is a stock variable.

(iv) A Family's Consumption of Sugar: It is a flow concept because consumption is related to a period of time.

(v) Services of a Tutor: It is a flow concept because it is related to a period of time.

vi) Production of Cement: It is a flow concept because it is related to a period of time.

(vii) The machinery of a Sugar Mill: It is a stock concept because it is related to a point of time.

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Are the following stocks or flow variables? (i) Investment (ii) Monetary Expenditure (iii) A Hundred Rupee Note (iv) A Family's Consumption of Sugar (v) Services of a Tutor (vi) Production of Cement (vii) The machinery of a Sugar Mill

Are the following stocks or flow variables?

(i) Investment

(ii) Monetary Expenditure

(iii) A Hundred Rupee Note

(iv) A Family's Consumption of Sugar

(v) Services of a Tutor

(vi) Production of Cement

(vii) The machinery of a Sugar Mill