Which of the following is an example of consumer capital?
A)education
B)bank account balance
C)refrigerator
D)shares of Procter and Gamble

Question

Quizplus · Accepted Answer

Consumer capital refers to goods or assets that individuals have acquired to satisfy their own wants or needs. A refrigerator is an example of consumer capital, as it is a durable good that is used to fulfill a basic human need - storing and preserving food. Education, bank account balance, and shares of Procter and Gamble are not examples of consumer capital, as they are not directly used to satisfy personal wants or needs on a day-to-day basis.

Which of the Following Is an Example of Consumer Capital