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Classical vs Neo-Classical Interest Theories by Appan Kandala Vasudevachary is a document available to read on EtoBox.

What is Classical vs Neo-Classical Interest Theories about?

The document discusses classical and neo-classical theories of interest rate determination. According to classical theory, interest rates are determined by the demand and supply of savings. Neo-classical loanable funds theory modified this by identifying various components of demand and supply of loanable funds that determine the equilibrium interest rate where these curves intersect.

Author

Appan Kandala Vasudevachary

Language

EN