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4 / 9. v. first approximation to the theory of interest (assuming each person's income stream foreknown and unchangeable except by loans) footnotes for chapter v vi. second approximation to the theory of interest (assuming income modifiable (1) by loans and (2) by other means) footnotes for chapter vi vii. the investment opportunity principles. PDF | In chapter 7, we have studied about different aspects of interest rate. Demand for money depends on nominal rate of interest rate while investment | Find, read and Author: Rajesh Pal.

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