Economists classify all of the following as capital, except one.Which one is not capital?
A)a $20 bill in a firm's petty cash drawer
B)the building where our economics class meets
C)a plumber's wrench
D)a railroad car
E)a factory

Question

Quizplus · Accepted Answer

A $20 bill in a firm's petty cash drawer is not considered capital because it is a cash asset, not a physical asset like the other options. Capital refers to physical assets like buildings, tools, and equipment that are used in the production process to create goods and services.

Economists Classify All of the Following as Capital, Except One