Societies choose what share of their resources to devote to consumption and what share to devote to investment. Some of these decisions involve private spending; others involve government spending. For each form of private spending, indicate whether it represents consumption or investment. Private Spending Consumption Investment Firms building new factories O O People buying newspapers O O Firms buying soft drinks for a holiday party O O Firms buying computers O O For each form of government spending, indicate whether it represents consumption or investment. Government Spending Consumption Investment Paying workers to administer government programs O O Buying military equipment O O Building bridges O O Building public housing O O