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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

According to classical theory, the rate of interest is a reward for______. - Economics

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Question

According to classical theory, the rate of interest is a reward for______.

Options

  • Investment

  • Demand

  • Capital

  • Saving

MCQ
Fill in the Blanks

Solution

According to classical theory, the rate of interest is a reward for saving.

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Comparison of Classicism and Keynesianism
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Chapter 3: Theories of Employment and Income - Model Questions [Page 49]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 3 Theories of Employment and Income
Model Questions | Q I. 18. | Page 49
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