The ________ rate of return earned on an investment is unadjusted for lost purchasing power.
A)effective
B)annual
C)real
D)nominal
E)none of the above

Question

Quizplus · Accepted Answer

The term "nominal" refers to a rate of return that is not adjusted for inflation. In other words, it does not take into account the lost purchasing power of the currency over time. Therefore, the answer is D.

The ________ Rate of Return Earned on an Investment Is