Answer:
Option B
Explanation:
In simple words, the given case relates to the time value of money. As the inflation in the economy rises the price level also rises leading to lower value of the money in the accounts.
If a depositor gets interest on his or her savings more than the inflation rate than they will get their money worth as per the standards of the inflation. Thus, we can conclude that the correct option is B.
Answer:
Option B: An interest rate higher then inflation
Explanation:
