Under classical theory, rate of interest is determined by
A. Demand for money and supply of money
B. Demand for capital and supply of savings
C. Demand for investment and price level
D. Demand for investment and supply of money
Answer:B
Under classical theory, rate of interest is determined by
A. Demand for money and supply of money B. Demand for capital and supply of savings C. Demand for investment and price level D. Demand for investment and supply of money