Which of the Following Statements Is Correct

question 77

Multiple Choice

Which of the following statements is correct?

• A)If the rate of inflation is high,the nominal rate of interest must be low.
• B)If the rate of inflation is less than the nominal interest rate,the real interest rate is positive.
• C)If the real interest rate is less than the nominal interest rate,inflation must be zero.
• D)If the real interest rate is less than the nominal interest rate,inflation must be negative.
• E)If the nominal interest rate is high,the real interest rate must be high.

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Definitions:

Sense of responsibility

The feeling of duty or obligation to perform tasks or roles appropriately and to take care of others or the environment.

Morality of care

An ethical perspective emphasizing the importance of understanding relationships, empathy, and caring actions in ethical decision-making, contrasting with more justice-oriented approaches.

Carol Gilligan

An American feminist, ethicist, and psychologist known for her work on ethical relationships and moral development, particularly in the context of gender.

Conventional morality

A stage in moral development where individuals conform to societal norms and laws, often to uphold authority and maintain social order.