Gold and land are considered "real assets" because they are permanent,whereas a commodity such as corn is not a real asset because it is consumable.

Name: Gold and land are considered "real assets" because they are permanent,whereas a commodity such as corn is not a real asset because it is consumable.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Real assets include physical assets like gold, land, and commodities such as corn, regardless of their permanence or consumability.

Gold and Land Are Considered "Real Assets" Because They Are