Asked by
Zaripov Komron
on Dec 08, 2024Verified
Which of the following would an economist classify as capital?
A) a $50 bill
B) a corporate bond
C) a post office employee
D) a guitar used by a musician
Capital
Refers to financial assets or the financial value of assets, such as funds held in deposit accounts, as well as the tangible machinery and production equipment used in environments such as factories.
Corporate Bond
A debt security issued by a corporation and sold to investors, promising to pay back with interest at a future date.
- Recognize different types of capital and their roles in the economy.
Verified Answer
KH
Learning Objectives
- Recognize different types of capital and their roles in the economy.