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

Question

Quizplus · Accepted Answer

The S&P 500 Index has historically yielded an average annual nominal return of about 10% and a real return, adjusted for inflation, of about 7%.

During the Last Sixty Years, the Broad Stock Market (Standard