Advertisements
Advertisements
Questions
Which of the two is more important in economic growth (higher impact on national income) real capital and money capital?
From real capital and money capital, which of the two has greater significance in economic growth or a greater impact on national income?
Short/Brief Note
Advertisements
Solution
- Real capital has a greater impact on national output as it directly helps increase production.
- Money capital actually helps purchase real capital.
shaalaa.com
Is there an error in this question or solution?
Chapter 1: Factors of Production - QUESTION BANK [Page 34]
