The term 'Stock of Capital 'means?

ECONOMICS
JAMB 1991

The term 'Stock of Capital 'means?

  • A. amount of money necessary to start a business
  • B. total amount receivable by all factors of production
  • C. amount of equipment plant and inventory existing at a time
  • D. total amount available for economic development

Correct Answer: C. amount of equipment plant and inventory existing at a time



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