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Explain the difference between saving and investment as defined by a macroeconomist. Which of the following situations represent investment? Saving? Explain. Your family takes out
Explain the difference between saving and investment as defined by a macroeconomist. Which of the following situations represent investment? Saving? Explain.
- 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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