# Under Which of the following conditions would you prefer to be the borrower ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: Under Which of the following conditions would you prefer to be the borrower ? Correct Answer: B. The nominal rate of interest is 20 percent and the inflation rate is 25 percent. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Under Which of the following conditions would you prefer to be the borrower ?

Direct Answer & Quick Reference

The correct option is **B. The nominal rate of interest is 20 percent and the inflation rate is 25 percent**.

A. The nominal rate of interest is 12 percent and the inflation rate is 9 percent

B. The nominal rate of interest is 20 percent and the inflation rate is 25 percent **(Correct Answer)**

C. The nominal rate of interest is 5 percent and the inflation rate is 1 percent

D. The nominal rate of interest is 15 percent and the inflation rate is 14 percent

✨ Explain with AI

Verified Key: B. The nominal rate of interest is 20 percent and the inflation rate is 25 percent
Solved by 3,658+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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*Source: https://test-prep.blog/mcq/under-which-of-the-following-conditions-would-you-prefer-to-be-the-borrower-c68cc75e-b6f5-4b38-a4f3-13455a9a9ca7*
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