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

Question

Which one of the following statements is an example of unsystematic risk?
Answer The Labor Department announced that U.S. non-farm payrolls in May increased 100,000 more than expected.
The second quarter GDP was 0.3 percent lower than expected.

The stock price of Apple Inc. went down right after it announced its famous CEO stepped down.
Due to a sharp rise of oil price, the consumer price index in May jumped to 5% relative to last year.
The value of the dollar increased against the other major currencies mainly due to the eurozone financial crisis.


7 points

Explanation / Answer

Due to a sharp rise of oil price, the consumer price index in May jumped to 5% relative to last year.

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