According to Keynes, Interest is purely a ‘monetary phenomenon’.

Related MCQs

• According to --------- theory of interest, the rate of Interest is the price of credit which is determined by the demand and supply for loanable funds.
• Type of swaps in which fixed payments of interest are exchanged by two counterparties for floating payments of interest are called
• It is a market for short-term funds which deals in monetary assets whose period of maturity is up to one year.
• According to the Fisher hypothesis, the nominal rate of interest consists of:
• According to the liquidity preference theory of interest, an increase in uncertainty, other things being equal, will:
• According to ------- theory interest arises on account of the productivity of capital.
• According to ---------- theory, Interest is the reward for the productive use of the capital which is equal to the marginal productivity of physical capital.
• ————— represent claims for the payment of a sum of money sometimes in the future and/or a periodic payment in the form of interest or dividend.
• While hedging through interest rate futures reduces or eliminates the risk of loss, it also
• Which of the following types of assets represents ownership interest in a corporation?