Question
Distinguish between stocks and flows. Give an example of each.
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| S.No. | (Rs. lakhs) | |
| 1 | Net value added at factor cost. | 100 |
| 2 | Intermediate consumption. | 75 |
| 3 | Excise duty. | 20 |
| 4 | Subsidy. | 5 |
| 5 | Depreciation. | 10 |
| Autonomous consumption | = | Rs. 100 |
| Marginal propensity to consume | = | 0.80 |
| Investment | = | Rs. 50 |
| (Rs. lakhs) | ||
| 1 | Depreciation. | 20 |
| 2 | Intermediate cost. | 90 |
| 3 | Subsidy. | 5 |
| 4 | Sales. | 140 |
| 5 | Exports. | 7 |
| 6 | Change in stock. | (-)10 |
| 7 | Import of raw materials. | 3 |