Capital is a factor of production.Which of the following is an example of capital?
i.$1,000 in money
ii.100 shares of Microsoft stock
iii.$10,000 in bonds issued by General Motors
iv.A drill press in your local machine shop
A) i and ii
B) ii only
C) iii only
D) iv only
E) ii and iii
Correct Answer:
Verified
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