The risk that inflation rates are likely to increase in the next year is an example of common risk.

Question

Quizplus · Accepted Answer

Common risks are risks that affect a large portion of the population or economy, such as inflation rates. Inflation rates can impact the purchasing power of individuals and businesses, and can have broader effects on the economy as a whole. Therefore, the risk of inflation increasing in the next year would be considered a common risk.

The Risk That Inflation Rates Are Likely to Increase in the Next