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IrinaK [193]
3 years ago
13

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

Business
1 answer:
inessss [21]3 years ago
3 0

Answer:

Explanation:

1. Investment: this occurs when a person or firm purchases new capital.

2. Savings: This occurs when a person's income exceeds his consumption.

3. The situations that represent saving are;

I. Your roommate earns $100 and deposits it in his account at a bank.

II. You use your $200 paycheck to buy stock in AT&T.

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Bert sells his car to Conrad for $5,000 and his bike to Del for $600. Bert sells his vinyl record collection to Elena for $1,000
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