Classify each of the following scenarios listed in the table below using the macroeconomic definitions of saving and investment. Saving Eleanor buys a new crane for her construction firm. Kyoko purchases shares of stock in Bayzer, a pharmaceutical company. Darnell buys a government bond. Jacques takes out a mortgage for a new house in Cleveland. Investment O O O O

Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
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3. 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.
Saving
Eleanor buys a new crane for her construction firm.
Kyoko purchases shares of stock in Bayzer, a pharmaceutical company.
Darnell buys a government bond.
Jacques takes out a mortgage for a new house in Cleveland.
Investment
Transcribed Image Text:3. 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. Saving Eleanor buys a new crane for her construction firm. Kyoko purchases shares of stock in Bayzer, a pharmaceutical company. Darnell buys a government bond. Jacques takes out a mortgage for a new house in Cleveland. Investment
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