Refer to Figure 14

Multiple Choice

Refer to Figure 14.4 below,which shows the inflation rate and ten-year bond yield,for the following questions.
-For most of 2008,

A) real interest rate was negative.
B) the ten-year bonds nominal interest rate was less than the real interest rate.
C) real interest rate was zero.
D) real interest rate was positive.
E) not enough information