Using the table below, calculate GDP for a particular year. Wages and salaries $4,000 Government purchases of goods and services $1,000 Exports $1,600 Rental income $600 Consumption spending $6,000 Transfer payments $600 Private investment spending $1,200 Profit $1,200 Imports $600 Interest income $800 Purchases of corporate stock $500   a. $10,100   b. $9,800   c. $7,000   d. $9,200

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Factor Models

Many attributes might be related to an asset's risk, including market capitalization (size), dividend yield, growth, price-earnings ratio, etc. The use of these traditional descriptors, however, presents a few problems: