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"Capital is t...

Question

"Capital is the produced means of production". Who gave this definition?

A

Bohm Bawerk

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B

J.K. Hicks

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C

Von Sickle and Roger

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D

Prof. Samuelson

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Solution

The correct option is A Bohm Bawerk
Bohm Bawerk proclaimed that "Capital is the produced means of production". Capital is already a produced means as other factors of production are used to produce capital in an economy.

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