In this podcast I am explaining about two basic concepts national income one is about stock and flow in second balance transfer income and factor income. stock is a variable which is measured at a point of time flow is a variable which is measured in a duration. Factor income is the income which is earned by randering factor services and production process or by producing services and transfer income is the income which is not earned by producing any good or service--- Send in a voice message: https://podcasters.spotify.com/pod/show/economicsstudy/message