Which one of the following statements is true a. the geometric average will always be the same or less than arithmetic mean average b. money moves arithmetically, not geometrically c. the geometric average will always be more than the arithmetic average d the difference between a good stock picker is that a good stock picker beats the market all of the tin Total dollar return is best described as a. dividend income plus interest income (net interest income) b dividend income plus capital gain (or loss) c interest income plus operating income d operating income plus non-operating income Which of the following statements is true a. corporate bonds have outperformed large cap stocks b small cap stocks have outperformed most other asset classes while exhibiting lesser volatility c small cap stocks have outperformed most other asset classes while exhibiting more volatility d whenever a Republican president holds office, stock market returns are superior If capital markets are efficient (best answer) - visit investopedia.com for Efficient Market explanation a. then it is relatively easy for investors to buy and sell stock at all times b. then the return on bonds will be superior to the expected return on stocks - in the long run c. then most aggressive investors will outperform the market (using DJIA or S\&P500 as market proxies