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In monetarist business cycle theory, the factor leading to a business cycle is changes in
Lucky Event
An unexpected occurrence that can have a positive impact on an investment or market outcome, often beyond the investor's control.
Selection Bias
The bias that results from the way in which observations are selected for analysis, leading to results that are not representative of the population being studied.
Random Walk
Describes the notion that stock price changes are random and unpredictable.
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