During 1978, a period of high inflation, President Carter complained that interest rates were too high. At the same time, The Wall Street Journal published an editorial entitled "Money is Free!" This apparent contradiction between the President that rates were too high and the Journal that rates were very low, is probably best explained by the fact that: A. the President was considering short-term rates, the Journal long-term rates. OB. the President was considering long-term rates, the Journal short-term rates. C. the Journal was looking at real rates of interest, the President at nominal market rates. OD. the President was looking at interest rates from the borrower's point of view, the Journal from the lender's. During 1978, a period of high inflation, President Carter complained that interest rates were too high. At the same time, The Wall Street Journal published an editorial entitled "Money is Free!" This apparent contradiction between the President that rates were too high and the Journal that rates were very low, is probably best explained by the fact that: A. the President was considering short-term rates, the Journal long-term rates. OB. the President was considering long-term rates, the Journal short-term rates. C. the Journal was looking at real rates of interest, the President at nominal market rates. OD. the President was looking at interest rates from the borrower's point of view, the Journal from the lender's