Identify the correct statement: A. Flows are defined over a period of time B. Stocks are defined at a particular point of time C. Flows are defined at a particular point of time D. Stocks are defined over a period of time E. Flows and Stocks have no time dimension Choose the correct answer from the options given below:

A and B only C and D only D and E only E and C only

A and B only

The correct statements are: A and B only Explanation: Flows are defined over a period of time. Examples include income earned per month or the quantity of goods produced per year. Stocks are defined at a particular point in time. Examples include the amount of money in a bank account or the quantity of goods in inventory at a specific moment. So, the correct answer is A and B only.