Question $17(1$ point$)$

Why is inflation a concern for someone who purchases a Guaranteed Investment Certificate $($GIC$)?$

Question $17$ options:

A$.$ The after tax interest rate on the investment needs to exceed inflation to earn a return

B$.$ Inflation is not a concern for someone who purchases a GIC

C$.$ The before tax interest rate on the investment needs to exceed inflation to earn a return

D$.$ The after tax interest rate on the investments needs to be less than inflation to earn a return