100%(1)1 out of 1 people found this document helpful
This preview shows page 2 - 3 out of 4 pages.
3.Is GDP is good measure of well being. Discuss.4.What is the difference/relationship between stocks and flows. Please use a set of concepts, such as investment and capital from economics or accounting in your answer. Is GDP is a flow or a stock concept? Is wealth a flow or a stock concept?