Which One of the Following Is an Example of Unsystematic

question 189

Multiple Choice

Which one of the following is an example of unsystematic risk?

• A) The inflation rate increases unexpectedly.
• B) The federal government lowers income taxes.
• C) An oil tanker runs aground and spills its cargo.
• D) Interest rates decline by one-half of one percent.
• E) The GDP rises by 2% more than anticipated.

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Definitions:

Jury Duty Pay

Compensation received by a juror for performing jury service in a court, which is considered taxable income.

Deducted

Subtracted or taken away from a total amount, often in the context of calculating taxable income or expenses.

Stock Dividend

A dividend payment made by a company to its shareholders in the form of additional shares, rather than cash.

Taxable

Subject to taxation by governmental authorities.