How Did the Real Interest Rates Paid on Long-Term Government

Multiple Choice

How did the real interest rates paid on long-term government debt in Canada and the United States compare with each other over the period from 1984 to 2009?

A) The average real interest rate was 3.4 percent in Canada and 4.4 percent in the United States.
B) The average real interest rate was 4.4 percent in Canada and 3.4 percent in the United States.
C) The average real interest rate was 5.7 percent in Canada and 6.7 percent in the United States.
D) The real interest rates paid on long-term government debt in Canada and the United States have tended to move in opposite directions.