English

Define Flows. - Economics

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Question

Define flows.

Solution

Flow is a quantity measured over a specified period of time. For example, the amount of interest received against bank deposits. Examples of flow are income, expenditure of money, capital formation, changes in the supply of money in a country and interest on capital.

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Basic Concepts - Stocks and Flows
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2015-2016 (March) All India Set 1
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