Asked by
Kaylie Gaskill
on Nov 07, 2024
Verified
Lower consumer spending than expected is considered an example of unsystematic risk.
Unsystematic Risk
The risk that is unique to a specific company or industry, which can be mitigated through diversification.
Consumer Spending
The total amount of money spent by households in an economy on goods and services, influencing economic growth and business cycle phases.
- Absorb the distinction between systematic and unsystematic risk.
Verified Answer
HR
Learning Objectives
- Absorb the distinction between systematic and unsystematic risk.