6) which one of the following statements is correct? a) historical real rates of return must be positive. b) the risk-free rate represents the change in purchasing power. c) the real rate must be less than the nominal rate given a positive rate of inflation. d) nominal rates exceed real rates by the amount of the risk-free rate. e) any return greater than the inflation rate represents the risk premium.

The correct answer is C.

Explanation:

In economics, real rate refers to a rate of return that accounts for the effects of inflation, in order to reflect how rates of return have really changed over time. When the rate of inflation is positive (above 0%), the real rate will be less than the nominal rate. For example, if an investment offers a rate of return of 10% per year, but the rate of inflation is 4% during that year, that means the real rate is 6% per year (10% - 4% = 6%).

apart from being against desegregation, governor of georgia eugene talmadge opposed as well to the work progress administration, an ambitious program of the "new deal" created by president franklin d. roosevelt to overcome the great depression after world war i. talmadge disagreed with welfare spending, job training and organized labor. according to his ideas, he thought the government was spending too much money on this, and he wasn't willing to accept a wage higher than georgia's lower average wage. besides, talmadge strongly opposed to the "new deal" as he thought it had communist ideas.

6.3%

explanation:

the acceptance rate for yale university is 6.3%. this means that only 6 percent of people who apply actually get accepted!