Essay
Identify each of the following acts as representing either saving or investment.
a.Pieter uses some of his income to buy government bonds.
b.Julie takes some of her income and buys mutual funds.
c.Alex purchases a new truck for his delivery business using borrowed funds.
d.Thato uses some of his income to buy stock in a major corporation.
e.Lerato hires a builder to construct a new building for her bicycle shop.
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a.Pieter is saving.
b.Julie is...View Answer
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b.Julie is...
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