Classify each of the following based on the macroeconomic definitions of saving and investment:

Classify each of the following based on the macroeconomic definitions of saving and investment:

  • Hilary purchases new ovens for her cupcake-baking business.
  • Maria purchases stock in Goohoo, an information technology company.
  • Kevin takes out a mortgage for a new home in Detroit.
  • Edison purchases a corporate bond issued by a car company.