Business, 11.02.2020 03:55 F00Dislife

Indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist. Description Saving Investment This occurs when a person or firm purchased new capital. This occurs when a person’s income exceeds his consumption. Indicate whether each of the following situations represents saving or investment. Situation Saving Investment Your family takes out a mortgage and buys a new house. You use your $200 paycheck to buy stock in AT&T. Your roommate earns $100 and deposits it in his account at a bank. You borrow $1,000 from a bank to buy a car to use in your pizza delivery business.

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Indicate whether each of the following descriptions represents saving or investment, as defined by a...

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