Hi, Im just a little stuck on these 2 questions. I have half the answer for one question, that I'm also posting to see if I'm on the right track.

Question 13: Inflation causes both pure and speculative risks in our society. Can you give some examples of each?

My answer so far: Pure risks are risks are that have a possibility of some sort of loss and no chance of any gains and speculative risks lead to either a loss or a gain. So in the case of inflation and pure risk, money loses value, purchasing power is reduced, and investors have no chance of gaining it's value back.

While with speculative risk, the investor's money may lose value, but they

Question 14: Define holistic risk and enterprise risk and give examples of each.

My answer so far: Holistic risk is

Enterprise risk is