Question
Economics Question on National Income Accounting
Identify the correct statements:
(A) Depreciation is a flow concept
(B) Money supply is a stock concept
(C) Investment is a stock concept
(D) Depreciation is an annual allowance for wear and tear of a consumer good
Choose the correct answer from the options given below:
A
(A) and (C) only
B
(A) and (B) only
C
(A), (B), (C), and (D)
D
(B), (C), and (D) only
Answer
(A), (B), (C), and (D)
Explanation
Solution
All the statements are correct, as depreciation is a flow concept, while money supply is a stock concept.