The Term Is A(n)

question 45

Multiple Choice

The term
Is a(n) :

• A)measure of the expected percent change in the excess return of a security for a 1% change in the excess return of the second factor portfolio.
• B)error term that has an expectation of zero and is uncorrelated with either factor.
• C)constant term.
• D)measure of the expected percent change in the excess return of a security for a 1% change in the excess return of the first factor portfolio.

---

Definitions:

Monetary Control Act

A law intended to regulate banking and manage the money supply, possibly referring to specific legislation like the Monetary Control Act of 1980 in the United States, which influenced the Federal Reserve's control over monetary policy.

Glass-Steagall Act

A U.S. law enacted in 1933, which separated commercial banking from investment banking, repealed in 1999.

1999 Repeal

Refers to the revocation of a law or act; often mentioned in economic contexts, such as the repeal of financial regulations or acts in 1999.

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly, leading to a loss of wealth, reduced access to credit, and, in some cases, bank failures.