Compared to other investments such as bonds, historically a diverse set of stocks held over a lengthy time period (for example, 30 or 40 years) has yielded a
a. low average real rate of return, and the variation in that return has been extremely high.
b. high average real rate of return, and the variation in that return has been relatively small.
c. low average real rate of return, and the variation in that return has been relatively small.
d. high average real rate of return, and the variation in that return has been extremely high.
B
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If nominal GDP is $5 trillion and velocity is 20, then
A) actual money balances held by the nonbanking public are $250 billion. B) actual money balances held by the nonbanking public are $100 trillion. C) real GDP equals $100 trillion. D) real GDP equals $400 trillion.
An assumption that underline Resource-based View include
a. Resource heterogeneity b. Resource immobility c. Barriers to entry d. Both a and b