Examlex
According to the text which of the following is identified as a decision classification?
Economic Scenarios
Hypothetical projections used in financial planning and economic modelling to understand the potential impacts of various macroeconomic conditions or policy changes.
Probability
A measure of the likelihood of a specific outcome or event occurring, often expressed as a percentage or a ratio.
Systematic Risk
Also known as market risk, it refers to the risk inherent to the entire market or market segment and cannot be eliminated through diversification.
Cost of Borrowing
The total amount of interest and other charges an individual or entity pays when taking out a loan.
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