Which of the following is an example of financial capital?
A)a desk in a classroom
B)a share of stock issued by IBM
C)an electric plant used by your local utility to generate electricity
D)a delivery truck used by Federal Express
E)All of the above are examples of economic capital.

Question

Quizplus · Accepted Answer

Financial capital refers to any asset or instrument that is used for investing or financing purposes. A share of stock issued by a company like IBM fits this definition and is therefore an example of financial capital. The other options (a desk, an electric plant, a delivery truck) would all be considered physical capital, which are tangible assets used in the production process.

Which of the Following Is an Example of Financial Capital