what are the limitations of classical theory of interest?
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The theories are: 1. Productivity Theory of Interest 2. Abstinence or Waiting Theory of Interest 3. The Austrian or Agio Theory of Interest or Bohm-Bawerk’s “The Time- Preference Theory” 4. Prof. Fisher’s Time Preference Theory 5. Classical Theory of Interest or Demand and Supply of Capital Theory of Interest and others.
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