Systematic risk refers to: movements in a stock portfolio's value that are attributable to macroeconomic forces affecting all firms in an economy. the level of diversifiable risk in an economy. movements in a stock portfolio's value that are attributable to microeconomic forces affecting the specific firms invested in. the microeconomic forces that affect rates of return on investments.

Respuesta :

Answer:

The correct answer is the first statement saying systematic risk affects all the firms in the economy and are caused by macroeconomic factors.

Explanation:

Systematic risk is a type of risk associated with changes in the value of a stock which affects all the firms in the economy. It is caused by macroeconomic factors which are beyond the control of a single individual or firm.

It is also termed as volatility and market risk. It cannot be avoided through portfolio diversification.