Ask Question
30 September, 06:47

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

+2
Answers (1)
  1. 30 September, 09:21
    0
    Answer: B) Increased purchasing power
Know the Answer?
Not Sure About the Answer?
Find 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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers