Refer to the Following Figure When Answering the Following Questions

Multiple Choice

Refer to the following figure when answering the following questions.
Figure 14.3: AS/AD Model

-Consider Figure 14.3. For most of 2008 the:

A) real interest rate was negative.
B) 10-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) None of these answers is correct.