The capital which directly helps in the production of goods, e.g. machines, tools, factories, etc. is termed as ____________.

consumption capital

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production capital

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private capital

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public capital

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Solution

The correct option is C production capital
Production capital refers to that capital which is associated with the production mechanism directly. It is used in the process of production in the physical form, i.e, in the form of machines, tools, etc.

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$\begin{matrix} 1. & Mixed income of self employed & 400 2. & Compensation of employeees & 500 3. & Private final conosumption expenditure & 900 4. & Net factor income from abroad & - 20 5. & Net indirect taxes & 100 6. & Consumption of fixed capital & 120 7. & Net domestic capital formation & 280 8. & Net exports & - 30 9. & Profits & 350 10. & Rent 11. & Interest & 150 12. & Government final consumption expenditure & 450 \end{matrix} - ----------------------------------------------------------- -$

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The capital which directly helps in the production of goods, e.g. machines, tools, factories, etc. is termed as ____________.

The correct option is C production capitalProduction capital refers to that capital which is associated with the production mechanism directly. It is used in the process of production in the physical form, i.e, in the form of machines, tools, etc.

The correct option is C production capital
Production capital refers to that capital which is associated with the production mechanism directly. It is used in the process of production in the physical form, i.e, in the form of machines, tools, etc.