indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist. Saving Investment Description 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. You use your $200 paycheck to buy stock in AT&T. 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. Your roommate earns $100 and deposits it in his account at a bank.
indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist. Saving Investment Description 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. You use your $200 paycheck to buy stock in AT&T. 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. Your roommate earns $100 and deposits it in his account at a bank.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist.
Saving Investment
Description
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.
You use your $200 paycheck to buy stock in AT&T.
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.
Your roommate earns $100 and deposits it in his account at a bank.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3595772e-86c0-4c31-a854-eeb2464bab68%2F4fc4aed4-b04c-4888-9c1e-87f827b4eafc%2Fcqzmjag_processed.png&w=3840&q=75)
Transcribed Image Text:Indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist.
Saving Investment
Description
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.
You use your $200 paycheck to buy stock in AT&T.
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.
Your roommate earns $100 and deposits it in his account at a bank.
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