1. Explain the difference between a stock magnitude and a ow magnitude. 11. Label each of the following as either a stock or a ow: (a) worn-out equipment; (b) total rms' spending on plant construction; (0) public saving; (d) wealth; (6) national debt; (f) trade surplus; (g) private savings; (h) nancial capital; (i) labor force; (j) labor services; (k) net taxes; (1) output; (m) national income; (11) budget decit; (o) depreciation; (p) value of government bonds at the hands of the public; (r) number of employed; (s) money in circulation