Risk that cannot be diversified away is described as:
A) non-systematic risk.
B) non-market risk.
C) total risk.
D) systematic risk.

Question

Quizplus · Accepted Answer

Systematic risk, also known as market risk, affects the entire market and cannot be eliminated through diversification. It is influenced by factors like economic changes, political events, and natural disasters that impact all investments.

Risk That Cannot Be Diversified Away Is Described As