Interest Rate As An Equilibrating Price For Savings And Investment
Classical Theory and the Role of Interest Rates
Question:
Discuss about the Alternative Theories Rate of Interest.
The statement the interest rate is an equilibrating price matching the desire to save with the desire to invest have attracted discussion over the years. Various economist have provided their opinions on the issue of savings, investment and the rate of interest. Classicists expressed their opinion on the statement an…
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