Which of the Following Statements Is True

question 101

Multiple Choice

Which of the following statements is true?

• A)Both nominal and real interest rates are procyclical and leading.
• B)Both nominal and real interest rates are procyclical and lagging.
• C)Nominal interest rates are procyclical and real interest rates are countercyclical.
• D)Nominal interest rates are procyclical and real interest rates are acyclical.

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