Which of the following would not be considered physical capital?
Which of the following would not be considered physical capital?
A) Construction of a new factory
B) A desk used in an accountant's office
C) A new computer used in a restaurant
D) On-the-job training
E) All of the above are considered physical capital

Question

Quizplus · Accepted Answer

Physical capital refers to tangible assets used in the production process such as buildings, machinery, and equipment. On-the-job training, although important for human capital development, is not a physical asset and therefore not considered physical capital.

Which of the Following Would Not Be Considered Physical Capital