A Recession in an Economy Would Be an Example of a Diversifiable

question 229

True/False

A recession in an economy would be an example of a diversifiable risk.

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Definitions:

Nonprofit

Organizations that are dedicated to furthering a particular social cause or advocating for a shared point of view, without the goal of generating profit for owners or investors.

Charitable

relating to or involving the giving of money, goods, or help to those in need without expecting anything in return.

Subsidized

Financial support provided, often by the government, to help reduce the cost of a service or commodity to the end user.

Economic Development

Activities aimed at improving the economic well-being and quality of life for a community, by creating and retaining jobs and supporting or growing incomes.