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Question
How will you treat the following : as fixed or as circulating capital?
- Factory buildings
- Machines
- Stocks of raw material lying in a factory
- A car owned by a taxi-driver
- Coal used in a factory
- Cotton used by a doctor
Classify
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Solution
| 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 |
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