Classify each of the following as an example of systematic or unsystematic risk and explain your choices.

The labor unions at Caterpillar, Inc. declared a strike yesterday.

Contrary to what polls stated, the President was re-elected.

Disagreement about inflation policy leads to a fall in the Euro relative to the dollar.

The computer industry suffers lower profits because of aggressive pricing strategies on new desktop computers.

Every Christmas selling season there is a hot toy that many parents try to purchase for their children.