Interest is the opportunity cost of current consumption and future income of savings. Savings behaviors are affected by the fluctuation of interest rate.
利息是当前消费的机会成本,是储蓄的未来收入,储蓄行为受利率变动的影响。
2
Interest rate is an opportunity cost of current consumption and the future income of savings.
利息是当前消费的机会成本,是储蓄的未来收入,储蓄行为受利率变动的影响。
3
The creation and formation of new institution result from changes of the current institutional cost and income.