单选题 The impact of higher rates of inflation in the long run on real interest rates and on nominal interest rates is: Real rats Nominal rates ①A. Increase Increase ②B. Increase No change ③C. No change Increase A. ①B. ②C. ③

【正确答案】 C

【答案解析】The nominal rate is approximately equal to the real rate plus a premium for expected inflation. An increase in inflation increases the inflation premium, and the nominal rate as a result, but not the real rate of interest.