Problem 1: Identify each of the following acts as representing either saving or investment. a. Lan uses some of his income to buy government bonds. b. Minh takes some of his income and buys mutual...


Problem 1:<br>Identify each of the following acts as representing either saving or investment.<br>a. Lan uses some of his income to buy government bonds.<br>b. Minh takes some of his income and buys mutual funds.<br>c. Linh purchases a new truck for his delivery business using borrowed funds.<br>d. Peter uses some of his income to buy stock in a major corporation,<br>e. Dave hires a builder to construct a new home using borrowed funds.<br>

Extracted text: Problem 1: Identify each of the following acts as representing either saving or investment. a. Lan uses some of his income to buy government bonds. b. Minh takes some of his income and buys mutual funds. c. Linh purchases a new truck for his delivery business using borrowed funds. d. Peter uses some of his income to buy stock in a major corporation, e. Dave hires a builder to construct a new home using borrowed funds.

Jun 10, 2022
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