________ nominal interest rates do ________ indicate that the cost of borrowing is ________.
A) Low; not necessarily; low
B) High; necessarily; high
C) Low; necessarily; low
D) Both B and C

Question

Quizplus · Accepted Answer

Nominal interest rates can be low but it doesn't necessarily indicate that the cost of borrowing is low as it doesn't account for inflation.

________ Nominal Interest Rates Do ________ Indicate That the Cost

Nominal Interest Rates Do Indicate That the Cost