During the Last Two Centuries, After Adjustment for Inflation

question 184

Multiple Choice

During the last two centuries, after adjustment for inflation,

• A) corporate bonds have yielded a real return of approximately 7 percent annually, compared to a real return of about 3 percent for corporate stocks.
• B) corporate stocks have yielded a real return of approximately 7 percent annually, compared to a real return of about 3 percent for bonds.
• C) both corporate stocks and bonds have yielded a real rate of return of about 3 percent.
• D) both corporate stocks and bonds have yielded a real rate of return of about 7 percent.

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Definitions:

Melanoma

A serious form of skin cancer that arises from melanocytes, cells that produce the pigment melanin, which can spread to other parts of the body if not treated early.

Basal Cell Carcinoma

A type of skin cancer that arises from the basal cells, which are small, round cells found in the lower part of the epidermis. It is usually caused by long-term exposure to UV radiation from the sun.

Squamous Cell Carcinoma

A type of skin cancer arising from squamous cells, which are flat cells found in the skin's outer layer, potentially aggressive if untreated.

Sweat Glands

Specialized exocrine glands found in the skin responsible for the production and excretion of sweat, playing a key role in thermoregulation and waste excretion.