Author Question: The difference between savings and investment is that a. investment is purchasing stock, while ... (Read 63 times)

K@ · **on:** Jun 30, 2018

The difference between savings and investment is that

a. investment is purchasing stock, while savings is putting money in a bank.
b. investment is purchasing capital, savings is postponing consumption.
c. investment is purchasing assets, while consumption is purchasing goods.
d. investment increases output, while savings decreases output.

Figure 4.1

Question 2

What does international voluntary trade do?

(a) Exploits small countries
(b) Benefits all trading partners
(c) Places labor unions at an unfair disadvantage
(d) Forces productive domestic firms to close their doors