This Risk of Default Is Associated with General Economy-Wide or Macro

question 90

Multiple Choice

This risk of default is associated with general economy-wide or macro conditions affecting all borrowers.

• A)Systematic credit risk.
• B)Firm-specific credit risk.
• C)Refinancing risk.
• D)Liquidity risk.

---

Definitions:

Reproductive Success

The passing of genes onto the next generation in a way that they too can pass on those genes.

Darwin's Idea

The theory of natural selection proposed by Charles Darwin, suggesting that species evolve over time through the process of heritable physical or behavioral traits that enhance survival and reproduction.

Lifetime

Refers to the duration of existence of a living organism, product, or concept from its creation to its cessation or end of function.

Geological Map

A type of map that shows the distribution, nature, and age relationships of rock formations and soils at the Earth's surface.