Capital,as a factor of production,refers to

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Quizplus · Accepted Answer

Capital as a factor of production refers to the tools and instruments used to produce other goods and services, such as machinery, equipment, and buildings. Money, stocks, and bonds are financial assets, not physical factors of production. The production factors imported from abroad can include capital goods, but this option is too broad and indefinite. Production technology used by firms can also enhance productivity, but it is not capital itself.

Capital,as a Factor of Production,refers to