Which of the Following Would Be Considered Physical Capital

question 207

Multiple Choice

Which of the following would be considered physical capital?

• A)the available knowledge on how to make semiconductors
• B)a taxi-cab driver's knowledge of the fastest routes to take
• C)bulldozers, backhoes and other construction equipment
• D)All of the above are correct.

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Definitions:

Basic Functions

Essential roles or operations that are fundamental to the performance or existence of an entity, system, or process.

Administrative Agencies

Governmental bodies established to oversee and regulate specific activities, implement laws, and administer public policy in numerous areas.

Highly Regulated Industries

Sectors of the economy that are subject to extensive government regulations and oversight, often for safety, health, or ethical reasons.

Warrants

Securities that grant the owner the option to buy shares of a corporation at a predetermined price until a specified deadline.