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.markets for the period 1926-2010?

A) U.S. Treasury bill returns never exceeded a 9 percent return in any one year during the period.
B) U.S. Treasury bills provided a positive rate of return each and every year during the period.
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 at least once every decade during the period.