Which Social Class Tends to Be the Most Collectivist

question 71

Multiple Choice

Which social class tends to be the most collectivist?

• A) *Lower
• B) Middle
• C) Upper
• D) Social class has no effect

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Definitions:

Four-factor Model

A financial model that expands the three-factor model (market risk, size risk, and value risk) by adding a momentum factor to explain stock returns.

Fama and French Factors

Fama and French factors are three factors—market risk, size risk, and value risk—used in explaining portfolio returns beyond the market risk measured by beta.

Semistrong-form

A theory suggesting that stock prices incorporate all publicly available information, including historical data and public news.

Efficient Market Hypothesis

A theory stating that share prices reflect all available information, making it impossible to consistently achieve higher returns.