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Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
Edition 13ISBN: 978-0538452281Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
Edition 13ISBN: 978-0538452281 Exercise 6
*Over long periods of time, the rate of return of an average investment in the stock market has exceeded the return on high-quality bonds. Is the higher return on stocks surprising? Why or why not?
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The rate of return is not surprising bec...
Microeconomics 13th Edition by Russell Sobel, David Macpherson, Richard Stroup, James Gwartney
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