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Over the past five years, an investment produced annual returns of 16.5, 21, −18, 4, and 17 percent, respectively. What is the geometric average return?
Major Historical Event
A significant occurrence or happening that has had a profound impact on societies or civilizations throughout history.
Cold War
The period of geopolitical tension between the Soviet Union and the United States and their respective allies after World War II, characterized by political and military rivalry rather than direct warfare.
Great Depression
A severe worldwide economic downturn that lasted throughout the 1930s, marked by high unemployment, deflation, and widespread poverty.
Positive Psychology
A branch of psychology focused on the study and enhancement of positive human functioning, happiness, and well-being.
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