Question
Which one of the following statements is a correct reflection of the U.S. financial markets for the period 19262016? Multiple Choice U.S. a Treasury bill
Which one of the following statements is a correct reflection of the U.S. financial markets for the period 19262016? Multiple Choice U.S. a Treasury bill returns never exceeded a return of 9 percent in any one year. b U.S. Treasury bills had an annual return in excess of 10 percent in three or more years. c Inflation equaled or exceeded the return on U.S. Treasury bills every year during the period. d Long-term government bonds outperformed U.S. Treasury bills every year during the period. e National deflation occurred in at least one year during every decade during the period.
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