Suppose that A is a C*-algebra for which
, where
is the Jiang–Su algebra: a unital, simple, stably finite, separable, nuclear, infinite-dimensional C*-algebra with the same Elliott invariant as the complex numbers. We show that:
(i) The Cuntz semigroup W(A) of equivalence classes of positive elements in matrix algebras over A is almost unperforated.
(ii) If A is exact, then A is purely infinite if and only if A is traceless.
(iii) If A is separable and nuclear, then
if and only if A is traceless.
(iv) If A is simple and unital, then the stable rank of A is one if and only if A is finite.
We also characterize when A is of real rank zero.