The term capital, as used in macroeconomics, refers to
A) physical capital.
B) the amount of money that someone can invest in a new venture.
C) the amount of money a firm can raise in the stock market.
D) All of the above answers are correct.

Question

Quizplus · Accepted Answer

In macroeconomics, the term capital typically refers to physical capital, such as equipment, machinery, and buildings, that is used in the production of goods and services. While the ability to invest in a new venture or raise funds through the stock market can also be considered capital in certain contexts, these are not the primary meanings of the term in macroeconomics.

The Term Capital, as Used in Macroeconomics, Refers to