Multiple Choice
During the last sixty years, the broad stock market (Standard and Poor's 500 Index) yielded an average annual nominal rate of return of approximately ____ and real rate of return of approximately ____.
A) 5 percent; 2 percent
B) 10 percent; 7 percent
C) 17 percent; 9 percent
D) 9 percent; 17 percent
Correct Answer:
Verified
Correct Answer:
Verified
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