Final answer:
Systemic risks refer to economic risks that affect the entire economy and over which individuals have little control, illustrated by the 2008-2009 Great Recession.
Step-by-step explanation:
The risks that are pervasive to and affect the entire economy are referred to as A) systemic risks. These are the occurrence of economic risks over which individuals have very little control and can impact numerous sectors, including money and banking. Factors such as natural disasters, wars, or widespread unemployment exemplify the triggers for systemic risks. These can lead to significant issues such as a decline in the convenience and safety of transactions, financial stress on banks, and reduced availability of loans. This pattern was notably observed during the 2008-2009 Great Recession. Additionally, the interconnectedness of global financial markets can precipitate a financial crisis with a ripple effect that affects many nations.