Q603
Consider the following statements I. Money is stock while expenditure is flow II. Money is stock while income is flow III. Government debt is stock but interest payment is flow IV. Credit by banks is flow and total deposits credit are stock Which of the above statements are correct?
A.
Only I and II
AnswerB.
I, II and III
C.
I, III and IV
D.
All of these
Answer: Option A
Solution
Answer: Option A
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