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What is the term "investment" define? Explain in a economic sense.
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- Which of the following situations represents investment? Saving? ExplainYour family takes out a mortgage and buys a new house. You use your paycheque to buy stock in Sagicor Financial Services.Is the purchase of equipment or machinery a part of consumption or investment? Why?What are the two approaches to determine the equilibrium level of income in an economy?
- Please help with the following economic question : Explain the relationship between Investment spending and the interest rate.Draw a savings and investment graph. Explain the logic of why investment slopes down and savings slopes up.________ Is that type of investment which is not affected by change in the level of output or income