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Questions

Academic Courses Test#1

Single choice

An example of capital is

Options
A.a. money in a checking account.
B.b. cash.
C.c. a factory building.
D.d. flour used to make bread.
E.e. a financial asset like a stock or a bond.
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In economics, 'capital' refers to assets that are used to produce other goods and services, i.e., capital goods. Option a: money in a checking account. This is a liquid financial asset used for transa......Login to view full explanation

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