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.

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 Consu mp on Investment Firms buying machines 0 0 People buying dothes O 0 Firms building new factories O 0 People buying food 0 O For each form of government spending, indicate whether it represents consumption or investment. Government Spending Consu mpon Investment Payment for public safety employees 0 0 Building roads 0 0 Building hospitals 0 0 Buying medical equipment 0 O