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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