Asked by
Ember Leifheit
on Nov 11, 2024Verified
In economics,capital refers to:
A) money.
B) stocks,bonds,and other financial assets.
C) the seat of the government.
D) machines,buildings,tools,and knowledge.
E) net worth (assets minus liabilities) .
Capital
Economic resource that is used to produce goods and services, including buildings, machinery, and equipment.
Financial Assets
Resources having economic value that are held by an individual or corporation, primarily including stocks, bonds, and cash equivalents.
- Understand the concept and significance of capital within economic systems.
Verified Answer
RY
Learning Objectives
- Understand the concept and significance of capital within economic systems.