CUET Economics - Which of the following is correct regarding National Income Accounting ? 1. In order to compare the GDP figures of the same countries at different points of time, nominal GDP is used. 2. In order to compare the GDP figures of different countries, real GDP is used. 3. Flows are defined at a particular point of time. 4. Stocks are defined over a period of time. | PYQs + Solutions | AfterBoards