Question: I need help Classify each of the following based on the macroeconomic definitions of saving and investment. Saving Investment Raphael takes out a loan and
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Classify each of the following based on the macroeconomic definitions of saving and investment. Saving Investment Raphael takes out a loan and uses it to build a new cabin in Montana. Susan purchases stock in Pherk, a pharmaceutical company. Larry purchases a certificate of deposit at his bank. Megan purchases new ovens for her cupcake-baking business
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