Value added is a ____ (Flow/Stock) variable.
Fill in the Blanks:
Value added is a ____ (Flow/Stock) variable.
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Value added is a Flow (Flow/Stock) variable.
Explanation:-
Value added is gross domestic product.
It is measured over a period of time.
for example, the gross domestic product of India is measured for a fiscal year that is 12 months.
The economics variable which is measured over a period of time is called the flow variable.
The flow variable has a time dimension. such as a year, a month, for 5 hours etc.
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