One Interpretation of the Correlation Between Changes in the Real

One interpretation of the correlation between changes in the real interest rate and the federal deficit is that the

A) observed negative correlation means that high deficits can cause interest rates to fall.
B) observed negative correlation has to be explained by linking any current recession to the simultaneous decline of interest rates and aggregate demand with mounting deficits.
C) observed positive correlation definitively proves that high deficits cause high interest rates.
D) observed positive correlation is an accident of the competitive structure of the U.S. economy.
E) none of the above.