Comparing the situation of a nominal interest rate of 10 percent and an inflation rate of 9 percent with a nominal interest rate if 6 percent and inflation rate 2, consumers would borrow more in which situation?
A. Nominal Interest rate of 10 percent since real interest rate is 1 percent.
B. Nominal interest rate of 10 percent since the real interest rate is 9 percent
C. Nominal interest rate of 6 percent since the real interest rate is 2 percent
D. Nominal interest rate of 6 percent since the real interest rate is 4 percent