Recent Empirical Research Indicates ______

Recent empirical research indicates ______.

A) that real rates of return on stocks are positively correlated with inflation
B) that real rates of return on stocks are uncorrelated with inflation
C) that real rates of return on stocks are negatively correlated with inflation
D) the ratio of the real rate of return on stocks to inflation is 1.0.
E) nothing about real rates of return on stocks

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