The Following Data Is Provided for the S&P 500 Index

question 25

Multiple Choice

The following data is provided for the S&P 500 Index:
-Refer to the information above. Calculate the 5-year arithmetic average annual rate of return on the 500 Index.

• A)10.84%
• B)12.83%
• C)13.15%
• D)none of the above

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Definitions:

Unemployment Insurance

A government program that provides temporary financial assistance to workers who have lost their jobs through no fault of their own.

Primary Sector

The part of the economy that is involved with the extraction of raw materials from the environment, such as agriculture, fishing, and mining.

Tertiary Sector

The segment of the economy that provides services to consumers and businesses, as opposed to goods manufacturing or primary industries like agriculture.

Participatory Democracy

A model of democracy in which citizens have the power to decide directly on policy and politicians are responsible for implementing those policy decisions.