Which of the Following Can Best Be Characterized as a "Black

question 111

Multiple Choice

Which of the following can best be characterized as a "Black Swan" event?

• A) decline in stock prices due to a recession
• B) rising market interest rates as the Fed tightens monetary policy
• C) a financial crisis causing credit to dry up
• D) an individual firm unexpectedly filing for bankruptcy

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.