Which of the following is not classified as physical capital by economists?
A) A $20 bill in a firm's petty cash drawer
B) The building where an economics class meets
C) A plumber's wrench
D) A railroad car
E) A factory

Question

Quizplus · Accepted Answer

While a $20 bill can be considered capital, it is not classified as physical capital by economists. Physical capital refers to tangible assets used for production, such as buildings, machinery, and vehicles. The $20 bill in a firm's petty cash drawer would be considered financial capital.

Which of the Following Is Not Classified as Physical Capital