The nominal rate of return minus the inflation rate is called the
A) stated rate of return.
B) standard rate of return.
C) real rate of return.
D) Fisher effect.
E) none of the above.
Answer: C
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For each of the following oversights, state whether total assets will be understated, overstated, or not affected. ______ a.Failure to record revenue earned but not yet received ______ b.Failure to record expired rent ______ c.Failure to record accrued interest in the bank ______ d.Failure to record depreciation ______ e.Failure to record accrued wages ______ f.Failure to convert unearned revenue
to earned revenue Fill in the blank(s) with correct word
If a person's 150-pound sheep dog has a propensity to jump enthusiastically on visitors, the animal's keeper would be liable for any damages done by the dog's playfulness
a. True b. False Indicate whether the statement is true or false
Doug purchases a 20% interest in the Quix Partnership for $10,000 on January 1, 2019, and begins to materially participate in the partnership's business. The Quix Partnership uses the calendar year as its tax year. At the time of the purchase, the Quix Partnership has $4,000 in liabilities, and Doug's share is 20%. What is Doug's basis in his partnership interest on January 1, 2010?
What will be an ideal response?
Which of the following statements is true with regards to unemployment compensation programs?
A. Employers are required to pay unemployment contributions (taxes). B. By law, the tax rate and unemployment wage level are not allowed to change. C. Employees pay matching unemployment taxes. D. The federal government administers unemployment compensation programs.