Which of the Following Statements Is Logically Valid

question 97

Multiple Choice

Which of the following statements is logically valid?

• 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.

---

Definitions:

Y-intercepts

Points where a graph intersects the y-axis, typically represented as (0, y).

Sketch

A graphical representation or rough drawing of a concept, object, or scenario.

Equation

A mathematical statement asserting the equality of two expressions, typically involving one or more variables.

Graph

A visual representation of data or mathematical functions typically displayed using lines, bars, or points on a coordinate system.