The term capital in economic theory refers to A) any privately ...

[leo leo]

The term capital in economic theory refers to
 
  A) any privately owned resource.
  B) bonds, stocks, and similar financial assets.
  C) money available for lending or spending.
  D) produced goods used to produce future goods.
  E) savings out of income.

Question 2

What is underground production? Is it included in GDP?
 
  What will be an ideal response?

[Rilsmarie951]

Answer to Question 1

D

Answer to Question 2

Underground production is the production of goods and services that remain hidden from the government. Underground production includes the production of illegal goods and services and the production of legal goods and services but in a way that avoids taxes or regulations. Underground production is not included in GDP.

[leo leo]

Thanks for the timely response, appreciate it

[Hdosisshsbshs]

YES! Correct, THANKS for helping me on my review