Classify each of the following based on the macroeconomic definitions of saving and investment. Saving Investment Hilary purchases new ovens for her cupcake-baking business. Maria purchases stock in Goohoo, an information technology company. Kevin takes out a mortgage for a new home in Detroit. Edison purchases a corporate bond issued by a car company.

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Classify each of the following based on the macroeconomic definitions of saving and investment

Economics Jan 09, 2021

Classify each of the following based on the macroeconomic definitions of saving and investment.

	Saving	Investment
Hilary purchases new ovens for her cupcake-baking business.
Maria purchases stock in Goohoo, an information technology company.
Kevin takes out a mortgage for a new home in Detroit.
Edison purchases a corporate bond issued by a car company.

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