Changes in the rate of inflation is an element of unsystematic risk.

Name: Changes in the rate of inflation is an element of unsystematic risk.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Changes in the rate of inflation are beyond the control of any individual company and affect the overall economy. Therefore, it is considered a systematic risk that affects all companies. Unsystematic risk pertains to risks that are specific to an individual company or industry.

Changes in the Rate of Inflation Is an Element of Unsystematic