In an economic sense, capital includes all of the following except:

Question

Quizplus · Accepted Answer

Money is not considered as part of capital in an economic sense, as it is seen as a medium of exchange rather than a productive asset. Capital typically refers to physical assets such as buildings and machines, or financial assets such as stocks and bonds. Inventories of goods are also considered part of capital in that they represent a stock of resources that can be used in production or sold to generate revenue.

In an Economic Sense, Capital Includes All of the Following