Which of the following is the best example of capital?
A) mineral deposits
B) human effort
C) buildings and equipment that contribute to production
D) accounts receivable
E) goods and services purchased by households for their enjoyment

Question

Quizplus · Accepted Answer

Capital refers to physical tools and equipment used in the production of goods and services. Buildings and equipment that contribute to production are the best example of capital. Mineral deposits are natural resources, human effort is labor, accounts receivable are financial assets, and goods and services purchased by households are consumption goods.

Which of the Following Is the Best Example of Capital