Asked by
George Apessos
on Nov 11, 2024Verified
Which of the following is included in physical capital?
A) Roads and bridges
B) A university graduate in physics
C) An astrophysicist
D) A high school diploma or college degree
E) A successful entrepreneur
Physical Capital
Physical Capital constitutes the physical assets like machinery, buildings, and equipment that contribute to the production process in an economy.
University Graduate
An individual who has completed a course of study at a university, earning a degree or diploma.
- Examine the impact of capital quality and quantity on productivity levels.
Verified Answer
JB
Learning Objectives
- Examine the impact of capital quality and quantity on productivity levels.