Shawn Puts Money into an Account

Multiple Choice

Shawn puts money into an account.One year later he sees that he has 6 percent more dollars and that his money will buy 5 percent more goods.

A) The nominal interest rate was 11 percent and the inflation rate was 5 percent.
B) The nominal interest rate was 6 percent and the inflation rate was 5 percent.
C) The nominal interest rate was 5 percent and the inflation rate was -1 percent.
D) The nominal interest rate was 6 percent and the inflation rate was 1 percent.