In economics, which set of categories does the term capital refer to?
A) currency, coins, silver, and gold
B) stocks, bonds, and other financial assets
C) oil, gas, trees, and water
D) machines, buildings, tools, and knowledge

Question

In economics, which set of categories does the term capital refer to?  
A) currency, coins, silver, and gold 
B) stocks, bonds, and other financial assets 
C) oil, gas, trees, and water 
D) machines, buildings, tools, and knowledge

Quizplus · Accepted Answer

Capital refers to physical tools and equipment, buildings, and knowledge used in the production of goods and services.

In Economics, Which Set of Categories Does the Term Capital