The total amount of physical capital available in a country is know as the country's

Question

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The total amount of physical capital available in a country is known as the country's capital stock. Choice A, labor productivity, refers to the amount of output produced per unit of labor input. Choice B, savings, refers to the amount of income that is not spent and is instead set aside for future use. Choice C, investment, refers to the process of using resources to create or purchase new capital. While investment contributes to the growth of a country's capital stock, it is not the same as the capital stock itself.

The Total Amount of Physical Capital Available in a Country