The Russian Wheat Crop Fails, Driving Up Wheat Prices in the U.S.This

question 103

Multiple Choice

The Russian wheat crop fails, driving up wheat prices in the U.S.This is an example of:

• A)Idiosyncratic risk
• B)Diversification
• C)Systematic risk
• D)Quantifiable risk

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Definitions:

Insurance Companies

Organizations that provide financial protection and compensation for losses or damages in exchange for payment of premiums.

Bulimia Nervosa

An eating disorder characterized by episodes of excessive eating (bingeing) followed by forced vomiting or use of laxatives (purging).

Cultural Syndrome

A combination of psychiatric and somatic symptoms that are considered a recognizable disease only within a specific society or culture.

DSM

A comprehensive classification system for mental disorders, published by the American Psychiatric Association, utilized worldwide by clinicians.