O-LevelEconomicsThe basic economic problem2281/11 · May/June 2012 · Q21 Mark
What does an economist mean by capital?
Aman-made goods that do not directly satisfy human wants
Bmoney used to set up new businesses and expand existing businesses
Cnatural resources that will not be replaced
Dthe ability to earn profits by combining resources to produce goods
✓ Correct answer
A: man-made goods that do not directly satisfy human wants
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