
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
Edition 1ISBN: 978-0077332648 Exercise 24
Categorize each of the following as a type of savings or investment in the economic sense.
a. You buy 100 shares of Apple Computer stock.
b. You place part of your income in a mutual fund.
c. A delivery service buys 1,000 new trucks.
d. You put $1,000 in a certificate of deposit, by giving money to the bank in exchange for a set amount of return.
a. You buy 100 shares of Apple Computer stock.
b. You place part of your income in a mutual fund.
c. A delivery service buys 1,000 new trucks.
d. You put $1,000 in a certificate of deposit, by giving money to the bank in exchange for a set amount of return.
Explanation
Saving:
Saving refers to that part of t...
Macroeconomics 1st Edition by Dean Karlan,Jonathan Morduch
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