What has been the average annual real rate of interest on Treasury bills over the past 111 years (from 1900 to 2011)?
A)Less than 2%
B)Between 2% and 3%
C)Between 3% and 4%
D)Greater than 4%

Question

Quizplus · Accepted Answer

The average annual real rate of interest on Treasury bills over the past 111 years has been less than 2%, reflecting the relatively low-risk and low-return nature of these government securities.

What Has Been the Average Annual Real Rate of Interest