A positive relationship between nominal interest rates and inflation in the United States is obvious in:
A) both recent data and nineteenth-century data.
B) recent data but not nineteenth-century data.
C) nineteenth-century data but not recent data.
D) neither nineteenth-century data nor recent data.

Question

Quizplus · Accepted Answer

Recent data shows a positive relationship between nominal interest rates and inflation in the United States, but this relationship was not as clear in nineteenth-century data.

A Positive Relationship Between Nominal Interest Rates and Inflation in the United