An Extension of the Fama-French Three-Factor Model Includes a Fourth

question 9

Multiple Choice

An extension of the Fama-French three-factor model includes a fourth factor to measure

• A) default spread.
• B) term spread.
• C) momentum.
• D) industrial production.
• E) inflation.

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Definitions:

Access to Resources

The ability or opportunity to obtain and use necessary resources, such as raw materials, knowledge, or financial assets, which can significantly affect living conditions and economic development.

Birth Spacing Interval

The period between consecutive births, affecting maternal and child health as well as population growth and family planning.

Hunters and Gatherers

Societies or groups that rely primarily on wild sources of food, obtained through hunting animals, fishing, and gathering plants, rather than agricultural cultivation.

Fertility Rates

The average number of children born to a woman over her lifetime within a specific population or country.