$1.$ Read the Article $$What$$s Really going on in San Fran$$ and recall our discussion in class

concerning the cost or burden of risk. For the risks in the article particularly Crime $$

answer the below

a$.$ Give an example of each of the three financial consequences $($Cost of Risk$)$ of

Crime in San Fran. Answers may not be explicitly stated in the article. You may

need to infer or draw some conclusions. You need to correctly identify the proper

category and the example must be a correct example in order to receive credit. $(6$

points$)$

$2.$ Refer to the article $$People cause Wildfires$$

a$.$ Identify the peril in the article. $(1$ point$)$

b$.$ Is the peril being discussed in the article static or dynamic? Explain? $(1$ point$)$

c$.$ Is the risk being discussed in the article pure or speculative? Explain? $(1$ point$)$

d$.$ Is the risk being discussed in the article diversifiable or non$-$diversifiable? Explain

$(1$ point$)$