If the inflation rate falls and nominal interest rates are unchanged,
If the inflation rate falls and nominal interest rates are unchanged,
A) inflation will fall.
B) inflation will continue at the same rate.
C) real interest rates rise.
D) real interest rates are unaffected.
E) real interest rates fall.
ANSWER
C
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.