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Economics
MEDIUM
ENGLISH
Economics
Under Which of the following conditions would you prefer to be the borrower ?
A
The nominal rate of interest is 12 percent and the inflation rate is 9 percent
Option A
The nominal rate of interest is 20 percent and the inflation rate is 25 percent
Correct answer
C
The nominal rate of interest is 5 percent and the inflation rate is 1 percent
Option C
D
The nominal rate of interest is 15 percent and the inflation rate is 14 percent
Option D
Correct answer: B
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