_____ are incidents that describe highly improbable but highly impactful events.
A) Miracle events
B) Wild card events
C) Black swan events
D) Fat tail risk events

Question

Quizplus · Accepted Answer

Black swan events are incidents that describe highly improbable but highly impactful events. Several black swan events eroded the public's trust in business as an institution and capitalism as an economic system.

_____ Are Incidents That Describe Highly Improbable but Highly Impactful