From 2010 to2017, thelong-term real interest rate paid by the safest corporations decreased from 3 percent to less than 1 percent. During that sameperiod, the overnight loans rate was between 1.0 percent and 0.25 percent a year.

What do you think happened to inflation expectations between 2010 and2017?

Inflation expectations between 2010 and 2017 most likely______.

A.

decreased

B.

increased

C.

did not change significantly

D.

were equal to the overnight loans rate