Ask Question
11 October, 23:45

What is the relationship between a higher nominal rate and a lower real interest rate?

A) Decreased purchasing power

B) Increased purchasing power

C) Increased Production

D) Decreased Production

+3
Answers (1)
  1. 12 October, 00:56
    0
    Answer: B) Increased purchasing power
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is the relationship between a higher nominal rate and a lower real interest rate? A) Decreased purchasing power B) Increased ...” in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers