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The assumptions found in the APT appear __________ the assumptions of the CAPM.
Wage-related Expenses
Costs incurred by employers that are directly associated with the payment of wages to employees, including taxes, benefits, and insurance.
Socioeconomic Inequality
The disparities in income, wealth, and access to resources among different social and economic groups within a society.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, often driven by international trade and investment and aided by information technology.
New Technologies
Latest advancements in technology that lead to improvements in processes, services, or products across various industries.
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