How does Austrian theory explain the existence of a positive rate of interest? a. Productivity of capital

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How does Austrian theory explain the existence of a positive rate of interest?
a. Productivity of capital
b. Liquidity preference
c. Market power of banks
d. Time preference

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Fundamentals of Financial Accounting

ISBN: 978-0078025914

5th edition

Authors: Fred Phillips, Robert Libby, Patricia Libby

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Posted Date: Nov 18, 2022 07:09 AM

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How does Austrian theory explain the existence of a positive rate of interest? a. Productivity of capital

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d Time preference Austrian theory stresses the role of time prefe... View the full answer

Fundamentals of Financial Accounting

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