On its web site,your bank posts the interest rates it is paying on savings accounts.Those posted rates
A)and a price index are both real variables.
B)and a price index are both nominal variables.
C)are real variables,and a price index is a nominal variable.
D)are nominal variables,and a price index is a real variable

Question

Quizplus · Accepted Answer

Interest rates on savings accounts and a price index are both nominal variables because they are expressed in current monetary terms without adjusting for inflation.

On Its Web Site,your Bank Posts the Interest Rates It