Use the following information for Equitable,Inc.to answer the following question(s) .Equitable issued no new common stock and had 100,000 common shares issued and outstanding during 2011.Equitable has no preferred stock. 
What was return on equity for the year ended December 31,2011?
Definitions:
Federal Reserve
The central banking system of the United States, responsible for monetary policy, financial regulation, and stability.
Money Supply Growth
The rate at which the amount of money available in an economy increases over a specific period, influencing inflation and economic activity levels.
Unemployment
Unemployment describes the situation where individuals who are willing and able to work are not currently employed.
Natural Rate
The long-term unemployment rate reflecting the number of people who are jobless due to the economic structure, without accelerating inflation.
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