Question: Explain the difference between saving and investment as defined by a macroeconomist. Which of the following situations represent investment? Saving? Explain. a. Your family takes

Explain the difference between saving and investment as defined by a macroeconomist. Which of the following situations represent investment? Saving? Explain.

a. Your family takes out a mortgage and buys a new house.

b. You use your €200 wage payment to buy stock in BP.

c. Your flatmate earns €100 and deposits it in her account at a bank.

d. You borrow €1 000 from a bank to buy a car to use in your pizza delivery business.

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