Which one of the following is included in fixed capital ?
a) tools
b)machines
c)buildings
d)all of the above
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Answer:
i think its ans. is
D) all of the above .
Explanation:
In national accounts, fixed capital is conventionally defined as the stock of tangible, durable fixed assets owned or used by resident enterprises for more than one year. This includes plant, machinery, vehicles and equipment, installations and physical infrastructures, the value of land improvements, and buildings.
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