Which Statement Best Characterizes Economic Events Such as Inflation,recession,and High

Multiple Choice

Which statement best characterizes economic events such as inflation,recession,and high interest rates?

A) They are systematic risk factors that can be diversified away.
B) They are company-specific risk factors that can be diversified away.
C) They are among the factors that are responsible for market risk.
D) They are risks that are beyond the control of investors and thus should not be considered by security analysts or portfolio managers.