What was the average real rate of return of three-month Treasury bills during the period of 1970 to 1979?
A)6)9%
B)3)8%
C)2)6%
D)1)2%
E)-0.9%

Question

Quizplus · Accepted Answer

The average real rate of return of three-month Treasury bills during the period of 1970 to 1979 was actually negative, at -0.9%, due to the high inflation rates that exceeded the nominal returns on these investments during that decade.

What Was the Average Real Rate of Return of Three-Month