Question: Classify the following events as mostly systematic or mostly unsystematic. Is the distinction clear in every case? Short-term interest rates increase unexpectedly. The interest rate

  • Classify the following events as mostly systematic or mostly unsystematic. Is the distinction clear in every case?
  • Short-term interest rates increase unexpectedly.
  • The interest rate a company pays on its short-term debt borrowing is increased by its bank.
  • Oil prices unexpectedly decline.
  • An oil tanker ruptures, creating a large oil spill.
  • A manufacturer loses a multimillion-dollar product liability suit.
  • A Supreme Court decision substantially broadens producer liability for injuries suffered by product users.

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