In Economics, Which Set of Categories Does the Term Capital

question 28

Multiple Choice

In economics, which set of categories does the term capital refer to?  

• A) currency, coins, silver, and gold 
• B) stocks, bonds, and other financial assets 
• C) oil, gas, trees, and water 
• D) machines, buildings, tools, and knowledge

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Definitions:

Floor

The bottom surface of any room or vehicle, on which one may walk or stand.

Service Contract

A contract that covers services for equipment that are not included in a standard maintenance contract.

Parts Replacement

The process of substituting a damaged or worn-out component of a machine or system with a new one to ensure functionality.

Reorder Point

Reorder Point is the inventory level at which new stock should be ordered to avoid running out, determined by usage rates and delivery times.