Which of the following do economists consider to be capital?
A) a pair of stockings
B) a construction crane
C) a savings account
D) a share of IBM stock

Name: Which of the following do economists consider to be capital? A) a pair of stockings B) a construction crane C) a savings account D) a share of IBM stock
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Question

Quizplus · Accepted Answer

Economists consider capital to be goods that are used in the production of other goods and services, such as machinery and equipment. A construction crane is an example of such capital.

Which of the Following Do Economists Consider to Be Capital