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Which resource is nonrenewable?
Systematic Risk
The overall impact of market-wide phenomena on the value of investments, as opposed to risks that are specific to a particular investment.
Nondiversifiable Risk
Also known as systematic risk, it refers to the portion of an investment's risk that cannot be eliminated through diversification, affecting the entire market or economy.
Diversifiable Risk
A type of investment risk that can be reduced through diversification of a portfolio across different assets, sectors, or geographical locations.
Unique Risk
Risk that is specific to an individual asset or company, which can be mitigated through diversification.
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