Money in hand is an example of
(1 Point)
1.Physical capital
2.Working capital
3.Fixed capital
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Explanation:
2 - Working capital of economy
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Option(2) Working capital is an example of money in hand.
- Human-made objects that a company used to buy or invest to produce their outcome are the physical capital.
- The total value available for the production at a given time point is the fixed capital.
- The available money on one's hand to attain their needs is referred to as working capital.
- So the money available in hand at a time can be denoted as working capital.
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