单选题

The investment objective of earning a return on an investment that is at least equal to the inflation rate is called（）。

A、 capital preservation.
B、 current income.
C、 capital appreciation.

【正确答案】 A

【答案解析】

Capital preservation is the objective of earning a return on an investment that is at least equal to the inflation rate. The concern is the maintenance of purchasing power, which means that the real rate of return must equal the inflation rate.