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 2015?
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 3.7 percent in Canada and 3.0 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 average real interest rate was 6.7 percent in Canada and 5.7 percent in the United States.

Question

Quizplus · Accepted Answer

According to data from the Bank of Canada and the Federal Reserve Bank of St. Louis, the average real interest rate on long-term government debt was 3.7 percent in Canada and 3.0 percent in the United States from 1984 to 2015.

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