Which of the following describes a “black swan”?
A. highly likely and consequential event
B. highly unlikely but consequential event
C. highly unlikely and inconsequential event
D. something difficult to explain in retrospect
B. highly unlikely but consequential event
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Executional frameworks are a component of a MECCAS model
Indicate whether the statement is true or false
A nation's __________ is the shared set of beliefs, values, knowledge, and patterns of behavior common to its people.
A. economic policy B. culture C. social pattern D. demography E. political process
A bank in poor condition may take out a loan under close Fed scrutiny. Such a loan is known as
A. a secondary credit discount loan. B. a haircut. C. a covenant. D. a primary credit discount loan.
Every company prepares only four adjustments—one for each of the four types of adjustments
a. True b. False Indicate whether the statement is true or false