Interest:

Interest is the price paid for the utilization of capital. This is ‘total interest’ or ‘pure interest’. A good illustration of pure interest is the interest we acquire on some government securities. It might be regarded as total interest. Gross interest, comprises besides total interest, other things like reward for risk, remuneration for inconvenience and payment for services. Therefore gross interest covers trade and personal risks. For illustration, whenever a money lender lends money to a farmer, he charges high rate of interest since there is the risk of non-payment of the amount borrowed. There are trade and personal risks. Usually, people prefer to contain cash balances. This is termed as liquidity preference. Whenever you lend money to someone, you can’t get it for some time. And that is inconvenience. Therefore to compensate it, one should be paid some extra income. Therefore, gross interest comprises compensation for all the above things besides total interest.

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Marginal Productivity help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Marginal Productivity, project ideas and tutorials. We provide email based Marginal Productivity help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Marginal Productivity. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Economics Homework help and assignment help services. They use their experience, as they have solved thousands of Economics assignments, which may help you to solve your complex issues of Marginal Productivity. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.