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Ann Realized a Total Return of 12

question 72

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Ann realized a total return of 12.8 percent which is more than her expected return of 11.5 percent.What is the amount of her unexpected return?


Definitions:

Unemployment Benefits

Financial payments made by the state or other authorized bodies to unemployed people.

World War II

A global conflict lasting from 1939 to 1945, involving most of the world's nations and marked by significant events, battles, and shifts in power.

Recession

A significant decline in economic activity spread across the economy, lasting more than a few months, typically visible in real GDP, income, employment, industrial production, and wholesale-retail sales.

Stagflation

A situation in an economy where there is slow economic growth, high unemployment, and rising prices simultaneously.

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