What is the difference between capital and capital value, Microeconomics

What is the difference between 'Capital' and 'Capital value'? 

 "The total amount of money or other resources owned or used to obtain future income or benefits." On the other hand, 'Capital value' is the present value of a capital good. For instance, a car is a capital and the price of the car is its capital value. 

 

Posted Date: 8/1/2013 7:32:06 AM | Location : United States







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