MCQOPTIONS
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MCQOPTIONS
| 1. |
Under Which of the following conditions would you prefer to be the borrower ? |
| A. | The nominal rate of interest is 12 percent and the inflation rate is 9 percent |
| B. | The nominal rate of interest is 20 percent and the inflation rate is 25 percent |
| C. | The nominal rate of interest is 5 percent and the inflation rate is 1 percent |
| D. | The nominal rate of interest is 15 percent and the inflation rate is 14 percent |
| Answer» C. The nominal rate of interest is 5 percent and the inflation rate is 1 percent | |