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48.For the period 1926-2003,which of the following asset classes provided the lowest volatility of the rate of return? (a)Long-term U.S.Treasury bonds (b)U.S.T-bills (c)Inflation (d)Small stock Answer:(b) 49.The is the unit of account for computing the real rate of return. (a)nominal interest rate on stock (b)standardized basket of consumption goods (c)country's rate of inflation (d)none of the above Answer:(b) 2-132-13 48. For the period 1926-2003, which of the following asset classes provided the lowest volatility of the rate of return? (a) Long-term U.S. Treasury bonds (b) U.S. T-bills (c) Inflation (d) Small stock Answer: (b) 49. The ________ is the unit of account for computing the real rate of return. (a) nominal interest rate on stock (b) standardized basket of consumption goods (c) country’s rate of inflation (d) none of the above Answer: (b)
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