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.
Correct Answer:
Verified
Correct Answer:
Verified
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