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Which of the following is NOT an example of a non-diversifiable pure risk? A workers risk of losing her income because she is laid off
Which of the following is NOT an example of a non-diversifiable pure risk?
A workers risk of losing her income because she is laid off from her job.
A homeowners risk of his home being destroyed in a civil war.
A homeowners risk of her home being destroyed by a flood during a hurricane.
In fact, all the above are examples of non-diversifiable pure risk.
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