Goods and monies from which future income can be derived is called ?
Correct answer: D. Capital
- A. Net assets
- B. Assets
- C. Holdings
- D. Capital
Explanation
Capital consists of produced assets and financial resources used to generate income or further production. Net assets and holdings are broader accounting terms and do not specifically express this economic function.
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Individual consumers, firms and markets are examined through demand and supply, elasticity, consumer choice, production, costs, revenue and the determination of prices and output. The topic also covers market structures such as perfect competition, monopoly and oligopoly, plus market failure, externalities and the distinction between microeconomic decisions and economy-wide outcomes.
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