Answer to Question 1
Wealth, or net worth, is the total value of what an entity owns minus what it owes. It is a stock measure because wealth is measured at a given point in time. Income is the sum of all wages, salaries, profits, interest and other forms of earnings for an entity over a given period of time. Because it is measured over a period of time, it is a flow measure.
Answer to Question 2
It is assumed that households possess knowledge of the qualities and prices of all goods available in the market and that firms have all available information concerning wage rates, capital costs, and output prices.
The flow of ions through ion channels in myocardial cells.
Energy flow and chemical cycling
Offshore spawning stock biomass, Grand Bank Atlantic Cod since the early 1980s
Global Energy Flow
Control of BP and Blood Flow
Construct a Lorenz curve that shows income distribution in this society.