Value of output = Sales + Change in stock. When all output is sold in the year, change in stock = 0, so value of output equals sales only.
When all of an economy's output is sold during a single accounting year, the value of output is represented by:
CUET UG 2022 — Economics Macro
2022mcqeasy
When all of an economy's output is sold during a single accounting year, the value of output is represented by:
Official previous-year question
Verified 13 Jul 2026.
Options
- A
Sales + change in stock
- B
Sales only
- C
Sales - change in stock
- D
Change in stock
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