An introductory course that studies the behavior of the economy as a whole. Capital stock refers to the total value of all physical assets and equipment that a company uses to produce goods and services.Through teaching and research, we educate people who will contribute to society and develop knowledge that will make a difference in the world. The Commonwealth of the Bahamas owes its tax haven status to its tax- and business-friendly laws for foreign investors. Citizens of the Bahamas do not pay taxes on income, inheritance, gifts, or capital gains. Solow Growth Model Part 1: Finding the Steady State Level of Capital. Nassau William Senior (26 September 1790 – 4 June 1864), was an English lawyer known as an economist. To apply, fill out the Application for Catastrophic Event Tax Refund. To create a free account, please fill out the form below. The amount is listed on the balance sheet in the company's shareholders' equity section.