2. The meaning of saving and investment Classify each of the following scenarios listed in the table below using the macroeconomic definitions of saving and investment Classify each of the following scenarios listed in the table below using the macroeconomic definitions of saving and investment.
2. The meaning of saving and investment Classify each of the following scenarios listed in the table below using the macroeconomic definitions of saving and investment Classify each of the following scenarios listed in the table below using the macroeconomic definitions of saving and investment.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:2. The meaning of saving and investment Classify each of the following scenarios listed in
the table below using the macroeconomic definitions of saving and investment Classify each
of the following scenarios listed in the table below using the macroeconomic definitions of
saving and investment.

Transcribed Image Text:Classify each of the following scenarios listed in the table below using the macroeconomic definitions of saving and investment.
Saving
Felix purchases a certificate of deposit at his bank.
Larry takes out a loan and uses it to build a new cabin in Idaho.
Megan purchases stock in Tesqar, a biotech firm.
Janet buys a new crane for her construction firm.
Investment
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