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Which natural oscillation in global circulation is associated with shifts in patterns of sea surface temperatures, air pressure, and winds between the northern and tropical western Pacific?
Risky Asset
An asset that carries a degree of risk that the value or return could be higher or lower than expected.
Future
Represents the time period that has not occurred yet, often used in the context of predicting economic, financial, or technological developments.
Systematic Risk
The inherent risk that affects the overall market, not diversified away by holding a broad portfolio.
Bank of Canada
The central bank of Canada, responsible for issuing currency, managing the country's monetary policy, and regulating its financial system.
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