The Fama-French 3-factor model says that:

A. Controlling for beta with respect to the value (HML) and size (SMB) factors, stocks have no alpha.
B. Controlling for beta with respect to the market portfolio, value (HML) and size (SMB) factors, stocks have no alpha.
C. Value stocks have higher return than growth stocks and small stocks have higher returns than big stocks.
D. If we exclude value and growth stocks, as well as the smallest and largest stocks, the CAPM performs well.

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

On coral island in 2012, the labor force is 12,000, the unemployment rate is 10 percent, and the labor force participation rate is 60 percent. during 2013, 200 unemployed people found jobs and the working-age population increased by 1,000. the total number of people in the labor force did not change. the working-age population at the end of 2013 was the unemployment rate at the end of 2013 was round up to the second decimal. the labor force participation rate at the end of 2013 was round up to the second decimal.

Explain whether each of the following events increases or decreases the money supply. a. the fed buys bonds in open-market operations. b. the fed reduces the reserve requirement. c. the fed increases the interest rate it pays on reserves. d. citibank repays a loan it had previously taken from the fed. e. after a rash of pickpocketing, people decide to hold less currency. f. fearful of bank runs, bankers decide to hold more excess reserves. g. the fomc increases its target for the federal funds rate.