Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: National Income Accounting

Question:

Choose right statement of flows :

Options:

Referred yearly or monthly

Time period is not mentioned

Defined at a particular point of time

Over a period of time

Correct Answer:

Over a period of time

Explanation:

The correct answer is option (4) : Over a period of time

Flows are defined over a period of time.

The statement "Over a period of time" implies that the flows are measured and considered over a specific duration, indicating a temporal aspect. This could refer to various types of flows, such as financial transactions, data movement, or any other measurable quantity that occurs and is observed or recorded over a specified timeframe.