The term capital, as used in macroeconomics, includes all of the following EXCEPT
A) inventories.
B) a company's work force.
C) equipment.
D) buildings.

Question

Quizplus · Accepted Answer

Capital refers to physical assets such as equipment and buildings, as well as financial assets such as stocks and bonds. Inventories are also considered capital because they are goods that a company can sell for profit. However, a company's workforce is not considered capital as they are not physical or financial assets.

The Term Capital, as Used in Macroeconomics, Includes All of the Following