Katie Earned a 2

question 35

Multiple Choice

Katie earned a 2.7 percent real rate of return on her investments for the past year. During that time, the risk-free rate was 4.1 percent and the inflation rate was 3.6 percent. What was her nominal rate of return?

• A) 5.30 percent
• B) 5.87 percent
• C) 6.40 percent
• D) 6.67 percent
• E) 6.91 percent

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Definitions:

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Free Speech

A fundamental right that allows individuals to express themselves without censorship or limitation by the government, subject to certain restrictions.

Maternalist Reformers

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Economic Independence

The condition of having enough financial resources to support oneself without relying on external aid or support.