Question

How will you treat the following : as fixed or as circulating capital?

1. Factory buildings
2. Machines
3. Stocks of raw material lying in a factory
4. A car owned by a taxi-driver
5. Coal used in a factory
6. Cotton used by a doctor

Answer 1

Fixed Capital	Circulating Capital
Factory buildings	Stocks of raw material lying in a factory
Machines	Coal used in a factory
A car owned by a taxi-driver	Cotton used by a doctor