Identify Each of the Following Acts as Representing Either Saving

question 15

Essay

Identify each of the following acts as representing either saving or investment.
a.Fred uses some of his income to buy government bonds.
b.Julie takes some of her income and buys mutual funds.
c.Alex purchases a new truck for his delivery business using borrowed funds.
d.Elaine uses some of her income to buy stock in a major corporation,
e.Henrietta hires a builder to construct a new home using borrowed funds.

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Definitions:

DSM-IV-TR

The Diagnostic and Statistical Manual of Mental Disorders, Fourth Edition, Text Revision; a guide for diagnosing mental disorders.

Mental Disorder

A broad range of conditions affecting mood, thinking, and behavior, often leading to distress or impaired functioning in daily life.

Axes

Refers to fixed reference lines for the coordinates of a graph or geometric figure, or to the main or central line that divides symmetry in a figure or shape.

Describes Symptoms

The action of explaining or detailing the signs and indicators of a condition or disease.