Which One of the Following Statements Is a Correct Reflection

Multiple Choice

Which one of the following statements is a correct reflection of the U.S. financial markets for the period 1926-2016?

A) U.S. 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.