3 ms·
That’s the classic stock/flow issue. What people forget is that values like turnover and wages are denominated in $/month not $. Mixing up the two is like mix
by neilwilson 6y ago
That’s the classic stock/flow issue.
What people forget is that values like turnover and wages are denominated in $/month not $.
Mixing up the two is like mixing up miles per hour and miles.
- rytill 6y agoNot at all. I can't convert between miles per hour and miles given an interest rate.
- willismichael 6y agoYou can convert between the two with an acceleration rate.