The correct answer to the question about dead capital is option d) cannot easily be put to use for what it is intended for.
A property that is kept nominally, is not recognized by the law, and cannot be converted into cash is referred to in economics as dead capital. The asset's value and/or potential for lending or borrowing against it are both diminished by the lack of confidence surrounding ownership. Dead capital are these lost monetary types.
Peruvian economist Hernando de Soto Polar is the author of the term. De Soto estimates that 9.3 trillion dollars' worth of dead wealth is held by 5.3 billion people worldwide, or more than 70% of the world's population, according to a 2015 study. Due to subpar regulations, inadequate processes, or bureaucracy, this dead capital owned by the lower or middle classes in emerging economies cannot be realized.
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