inflation, recession, and high interest rates are economic events that are best

characterized as being which of the following:

a$.$ unsystematic risk that can be diversified away.

b$.$ factors associated with market risk.

c$.$ risks that are beyond the control of investors and thus should not be considered by

security analysts or portfolio managers.

d$.$ irrelevant except to governmental authorities like the Federal Reserve.

e$.$ company$-$specific risks that can be diversified away