In the terminology of macroeconomics, what's the difference between a saver and an investor?
A saver earns more than he spends and uses the rest to make deposits or buy financial assets such as stock or bonds. Investment refers to the purchasing of new capital goods.
Economics
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Should you stay in school beyond the current semester? Describe how you might use the neoclassical theory of investment to help you decide
What will be an ideal response?
Economics
Economists who study economic mobility have found that, if a father earns 20 percent above his generation's average income, his son will most likely earn
a. an income equal to his generation's average income. b. 8 percent above his generation's average income. c. 5 percent below his generation's average income. d. 3 percent above his generation's average income.
Economics