Which of the following are human capital and physical capital,respectively?
A)for an accounting firm: the accountants' knowledge of tax laws and computer software
B)for a grocery store: grocery carts and shelving
C)for a school: chalkboard and desks
D)for a library: the building and the reference librarians' knowledge of the Internet

Question

Quizplus · Accepted Answer

The accountants' knowledge of tax laws and computer software are examples of human capital, while physical capital is tangible equipment such as grocery carts, shelving, chalkboard, desks, and the building itself. The librarians' knowledge of the Internet is also an example of human capital, but the building itself is a physical capital.

Which of the Following Are Human Capital and Physical Capital,respectively