Question: Consider the following table for the period from 1926 through 1932. What was the average real return for Treasury bills from 1926 through1932? Returns U.S.

Consider the following table for the period from 1926 through 1932. 

Consider the following table for the period from 1926 through

What was the average real return for Treasury bills from 1926 through1932?

Returns U.S. Treasury Bills 3.30 % 3.15 4.05 4.47 2.27 1.15 0.88 Inflation YearS 1926 1927 1928 1929 1930 1931 1932 1.12% 2.26 1.16 0.58 -6.40 -9.32 10.27

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