Money and Interest:

Keynes symbolized a monetary theory of interest. It is termed as the liquidity preference theory of interest. Interest, according to Keynes, is the payment for the utilization of money. The demand for money (i.e., liquidity preference) and the supply of money, find out the rate of interest. The essence of the Keynesian theory of liquidity first choice is that the quantity of money, all along with the state of liquidity preference examines the rate of interest.

Keynes made it apparent that interest is not the prize for savings as supposed by the classical writers. The rate of interest is the “prize for parting with liquidity for a time period”. In another words, the rate of interest is mainly determined by the attitude of the people to part with liquidity when their liquidity preference is very strong.

Latest technology based Economics Online Tutoring Assistance

Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Theory of Income Determination help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Theory of Income Determination, project ideas and tutorials. We provide email based Theory of Income Determination help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Theory of Income Determination. 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 Theory of Income Determination. 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.