Question: Some economic variables are stocks in that they represent the total value of something at a point in time, rather than a per-period flow. Explain
Some economic variables are "stocks" in that they represent the total value of something at a point in time, rather than a per-period "flow." Explain the connection between the following flow and stock variables:
FLOW STOCK
Individual savings .......... Individual wealth
Firm investment ............. Firm capital
Education ..................... Human capital
Gold production ............. Gold
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