Andrea Is an Aspiring Associate Editor for a Major Publisher

question 11

Multiple Choice

Andrea is an aspiring associate editor for a major publisher. She is single but feels married to her work. Last year she received a $20,000 bonus for the excellent work she did in promoting new textbooks published by her employer. Based on this information, Andrea's ascribed status is ________ and her achieved status is ________.

• A) female; married
• B) bonus recipient; associate editor
• C) married; bonus recipient
• D) female; associate editor

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Definitions:

APT

Stands for Arbitrage Pricing Theory, a model that predicts a security's returns using the linear relationship between its expected return and macroeconomic factors.

Factor Intensity

The measure of how much of a certain factor of production (labor, capital, etc.) is used in the production of a good or service.

APT Model

Arbitrage Pricing Theory Model, an alternative to the Capital Asset Pricing Model (CAPM), asserts that the expected return of a financial asset can be modeled as a linear function of various macro-economic factors or theoretical market indexes.

Security Returns

The gains or losses from investing in a security, usually expressed as a percentage of the initial investment.