Unformatted text preview: 3. The meaning of saving and investment Ckssﬂ‘y each affhe faﬂowing based on the mmomk: deﬁnitions afsavfng and invesbnenf. Saving Inveshnent Ginny purchasa stock in Pherk, a pharmaceutical company. O O Cho purchase; new ovens For her cupcake—baking businas. O 0
Eric taka out a loan and USS it to build a new cabin in Montana. O O
O 0 Bob purchasa a corporate bond issued by a car company. ...
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- Spring '09
- Meaning of life, Eric taka, ECON-2301, Ginny purchasa stock, Ginny purchasa, Cho purchase