When Inflation Rises,the Nominal Interest Rate

question 29

Multiple Choice

When inflation rises,the nominal interest rate

• A)rises,and people desire to hold more money.
• B)rises,and people desire to hold less money.
• C)falls,and people desire to hold more money.
• D)falls,and people desire to hold less money

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Definitions:

Performance

The act of carrying out a task or function, measured by the efficiency and outcome of the activity.

Politics

The activities associated with the governance of a country or area, especially the debate between parties having power.

Professional Activities

Tasks or duties carried out as part of one's profession or job, often requiring specialized training or skills.

Career Success

The attainment of desirable markers of occupational achievement, which may include promotions, high salary, or personal fulfillment.