The following is from a column on marketwatch.com: There are lots of things we more or less

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The following is from a column on marketwatch.com: “There are lots of things we more or less know will happen…. But what are the potential black swans?”
a. What does the columnist mean by a “black swan”?
b. Is it likely that there is a good answer to the columnist’s question? Briefly explain.

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Money, Banking, and the Financial System

ISBN: 978-0134524061

3rd edition

Authors: R. Glenn Hubbard, Anthony Patrick O'Brien

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