During the past 20 years, the US GDP has grown at an annual rate of 4%; meanwhile,
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During the past 20 years, the US GDP has grown at an annual rate of 4%; meanwhile, the stock market provides us with an annual return of 10%. Explain why the stock market more than doubles the growth of the economy.
Related Book For
Contemporary Financial Management
ISBN: 9780324289114
10th Edition
Authors: James R Mcguigan, R Charles Moyer, William J Kretlow
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