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
Correct Answer: The nominal rate of interest is 20 percent and the inflation rate is 25 percent ✔
Last Updated: June 11, 2019