Examlex
Which of the following would an economist NOT classify as capital?
Installations
Fixed assets or equipment necessary for an organization or business to operate, sometimes referring to large machinery or technical setups.
Steel Ingots
Large blocks of steel that have been forged or cast and are used as raw material for further processing and shaping into various steel products.
Sheet Metal
Thin, flat pieces of metal formed into sheets that are used in various applications including manufacturing and construction.
Supplies
Materials, tools, or other items required for the production of goods or the provision of services.
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