[amp_mcq option1=”Use of durable goods” option2=”Use of capital” option3=”Use of money” option4=”Use of land” correct=”option1″]<\/p>\n
According to Keynes, interest is a payment for the use of money. He argued that interest is a reward for saving, and that it is necessary to encourage people to save in order to finance investment. Keynes also argued that interest rates are determined by the demand for and supply of money. When the demand for money is high, interest rates will be high. When the supply of money is high, interest rates will be low.<\/p>\n
Option A is incorrect because durable goods are not a form of capital. Durable goods are goods that are expected to last for a long period of time, such as cars and appliances. Capital, on the other hand, is a form of wealth that is used to produce goods and services.<\/p>\n
Option B is incorrect because capital is not a form of money. Capital is a form of wealth that is used to produce goods and services. Money, on the other hand, is a medium of exchange that is used to facilitate transactions.<\/p>\n
Option C is incorrect because money is not a form of land. Money is a medium of exchange that is used to facilitate transactions. Land, on the other hand, is a natural resource that can be used for a variety of purposes, such as agriculture, housing, and industry.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Use of durable goods” option2=”Use of capital” option3=”Use of money” option4=”Use of land” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":["post-47424","post","type-post","status-publish","format-standard","hentry","category-economics","no-featured-image-padding"],"yoast_head":"\n