Which of the following is counted as "capital" in economics?
A)the money people have
B)the machines workers have to work with
C)the labor force
D)the wealth people have

Question

Quizplus · Accepted Answer

In economics, capital refers to physical goods that are used to produce other goods and services, such as machines, equipment, and tools. Option B, "the machines workers have to work with," is the only choice that fits this definition. The other options refer to financial assets (money and wealth) and human resources (labor force), which are not considered capital in economics terminology.

Which of the Following Is Counted as "Capital" in Economics