Which of the Following Is Physical Capital

question 239

Multiple Choice

Which of the following is physical capital?

• A)the strength of workers
• B)the knowledge of workers
• C)financial assets like cash and bonds
• D)the equipment in a factory

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Definitions:

GDP

Totaling the market value of all final goods and services produced inside a country within a set period results in the Gross Domestic Product.

Inflations

The speed at which the overall price level of goods and services increases, leading to a decrease in buying power.

Taxes

Compulsory financial charges imposed by a government on individuals or entities to fund public expenditures.

Automatic Stabilizer

Economic strategies and initiatives aimed at balancing shifts in a country's economic performance without interference from governmental or policy-making bodies.