The unexpected rise in inflation rate since February 2022 was due to expected increase in money supply (for boosting the economy), supply chain shortages, rise in oil price and Russia-Ukraine geopolitical crisis. From the concept basic principles demand and supply of loanable fund market, the nominal interest rate change in loanable fund it is expected to _______, among others.

Group of answer choices

a) stay the same

b) rise

c) cannot be predicted, more information is needed to know

d) fall

Only typed ans