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Business, 12.05.2020 16:57 medellincolombia99

3. Problems and Applications Q3 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 purchases new capital. This occurs when a person's income exceeds his consumption. Which of the following situations represent investment? Check all that apply. Your roommate earns $100 and deposits it in his account at a bank. Your family takes out a mortgage and buys a new house. You borrow $1,000 from a bank to buy a car to use in your pizza delivery business. You use your $200 paycheck to buy stock in AT&T.

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