In November 2012, HP claimed that they had weak earnings due to questionable accounting by a company that they had taken over. This is an example of:

A) market risk
B) systemic risk
C) idiosyncratic risk
D) liquidity risk

A

Economics

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If the price elasticity of demand for a good is 4, then a 12 percent decrease in price results in a

a. 0.33 percent increase in the quantity demanded. b. 3 percent increase in the quantity demanded. c. 30 percent increase in the quantity demanded. d. 48 percent increase in the quantity demanded.

Economics

Where Y is GDP, C is consumption, I is investment, G is government purchases, and there is no international trade, national saving equals:

A. Y - C - G. B. Y + C + G. C. Y - C - I. D. C + I + G.

Economics