Trends and Fluctuations in Nominal Interest Rates

Multiple Choice

Trends and fluctuations in nominal interest rates

A) are closely connected with real GDP and the rate of inflation.
B) are not closely connected with any economic variable.
C) are closely connected with real GDP and not with the rate of inflation.
D) are closely connected only with trends and fluctuations in the rate of inflation.
E) depend on the exchange rate.