Which of the Following Is an Example of Physical Capital

question 60

Multiple Choice

Which of the following is an example of physical capital?

• A) A tractor
• B) A farmer
• C) A high-yield seed variety
• D) All of these are examples of physical capital.

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Definitions:

Monetary Policy

The process by which the central bank or monetary authority of a country controls the supply of money, often targeting interest rates to promote economic growth and stability.

Government Policies

Measures and actions taken by a government to influence or regulate the economy and societal welfare.

Natural Rate

The long-term rate of unemployment or the amount of unemployment that exists when the labor market is in equilibrium and the economy is producing at its potential output.

Expected Inflation

The rate at which people predict the general level of prices will rise in the future.