A Sleeper's First Dream Usually Begins

question 156

Multiple Choice

A sleeper's first dream usually begins:

• A)a few minutes after falling asleep.
• B)about 90 minutes after falling asleep.
• C)about halfway through the night's sleep.
• D)about 90 minutes before waking up.

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Definitions:

Real Holding-period Return

The total return on an investment, accounting for inflation, over the period it is held, reflecting the true increase in purchasing power.

Real Rate of Return

The rate of profit or growth rate after adjusting for inflation.

Nominal Rate

The interest rate before adjustments for inflation, as opposed to the real rate, which is adjusted for inflation.

Inflation

How quickly the average price of goods and services elevates, lessening the power to purchase.