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Changes in the general economy, such as changes in interest rates or tax laws, are best characterized as being systematic risk factors that can

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Changes in the general economy, such as changes in interest rates or tax laws, are best characterized as being systematic risk factors that can be diversified away. O systematic risk factors that can not be diversified away. O irrelevant except to governmental authorities like the Federal Reserve. risks that are beyond the control of investors and thus should not be considered by security analysts or portfolio managers. company-specific risk factors that can be diversified away.

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