Question

Identify the correct statements :
(A) Stocks are defined over a period of time.
(B) Flows are defined over a period of time.
(C) Flows are defined at a particular point of time.
(D) Stocks are defined at a particular point of time.
(E) GVA at factor costs + Indirect Taxes – Subsidies = GVA at market prices.
Choose the correct answer from the options given below :

• A. (A), (C) and (E) only
• B. (B), (C) and (D) only
• C. (B), (D) and (E) only
• D. (C), (D) and (E) only

Answer 1

The Correct Option is C

Flows are defined over a period of time, stocks are defined at a particular point in time, and GVA at market prices includes indirect taxes minus subsidies.