Which of the following is not classified as physical capital by economists?
A)a $20 bill in a firm's petty cash drawer
B)the building where an economics class meets
C)a plumber's wrench
D)a railroad car
E)A factory

Question

Quizplus · Accepted Answer

While a $20 bill is an asset, it is not considered physical capital by economists. Physical capital refers to tangible items such as buildings, equipment, and vehicles that are used in production.

Which of the Following Is Not Classified as Physical Capital