Question
In Fisher's terms, the interest rate reflects the interaction of savers' marginal rate of time preference and borrowers' marginal productivity of capital. What decides the
In Fisher's terms, the interest rate reflects the interaction of savers' marginal rate of time preference and borrowers' marginal productivity of capital. What decides the real rate of interest in an economy is an important issue, and here we discuss one of the explanations by influential economist Fisher
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The Legal Environment of Business Text and Cases
Authors: Frank B. Cross, Roger LeRoy Miller
10th edition
1305967305, 978-1337516051, 1337516058, 978-1305967304
