An Example of Physical Capital Is A

question 98

Multiple Choice

An example of physical capital is a:

• A) plow.
• B) bank loan.
• C) seeds.
• D) tree.

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Definitions:

Clause

A specific provision or section within a contract or legal document that stipulates specific terms, conditions, or obligations.

Public Policy

Principles and standards considered by governments in managing their affairs, aiming to ensure the community's welfare and interests.

Necessary

Something that is essential or required to achieve a certain outcome or fulfill a function.

Liable

Being legally responsible or obligated, typically in the context of a debt or a legal judgment.