According to the empirical data, the world stock market enjoyed average price increases of how much during the period from 1970 to 2005?

Question

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Empirical data suggests that the average price increase in the world stock market from 1970 to 2005 was around 11%. This means that on average, stock prices increased by 11% each year during this period. Option A (16%) is too high, while option B (5%) is too low. Option D (8%) is closer to the lower end of the possible range, but option C (11%) is the best choice as it falls within the most widely cited estimate of historic annual returns for equities. According to the empirical data, the world stock market enjoyed average price increases of 11% during the period from 1970 to 2005.

According to the Empirical Data, the World Stock Market Enjoyed