Ask Question
11 August, 06:34

Explain the difference between saving and investment as defined by a macroeconomist.

+3
Answers (1)
  1. 11 August, 10:02
    0
    To a macroeconomist savings occurs when a person's income exceeds his consumption while investment occurs when a person or firm purchases new capital such as a house or business equipment.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Explain the difference between saving and investment as defined by a macroeconomist. ...” 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