Ask Question
27 March, 23:25

The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investment. Saving Investment Charles purchases a certificate of deposit at his bank. Gilberto takes out a loan and uses it to build a new cabin in Montana. Dina borrows money to build a new lab for her engineering firm. Juanita purchases stock in Goohoo, an information technology company.

+1
Answers (1)
  1. 28 March, 00:12
    0
    All the options given are examples of investment.

    Explanation:

    Savings are what an individual has left after their spending has been deducted from their disposable income. Savings can increase income by investing the money saved. Investment is an item or asset gotten with aim of generating income. An investment simply means buying goods that are not for immediate consumption but generation of income.

    All the options provided are investment examples. A certificate of deposit is given by the bank to an individual after a certain amount of money has been deposited and it generates interest. Also building a cabin, a laboratory and buying stock are investments.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The meaning of saving and investment Classify each of the following based on the macroeconomic definitions of saving and investment. Saving ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers