If an investor had a $25,000 long-term capital gain on a $100,000 investment from 1984 to 2010, her real rate of return was most likely
a. equal to the expected rate of inflation.
b. equal to the nominal rate of inflation.
c. zero.
d. negative.
d
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The above table gives data for the nation of South Hampton. There are no imports into or exports from South Hampton. The equilibrium level of real GDP is
A) $700 billion. B) $400 billion. C) $500 billion. D) $600 billion. E) $800 billion.
Due in part to record low interest rates on U.S. Treasury Bonds,
A) investors searching for higher yields bought corporate bonds B) interest rates on corporate bonds rose C) corporations faced higher borrowing costs D) many corporations were at greater risk of defaulting
Which of the following countries are lacking an abundance of natural resources?
The period in the business cycle from a ________ to a ________ is called an expansion.
A. trough; new trough B. trough; peak C. peak; new peak D. peak; trough