Series 79 practice questioneasyMarket Trends
A banker is reviewing retail sector data and observes a shift from brick-and-mortar to e-commerce sales. This trend is BEST described as:
- AA cyclical trend
- BA secular trend✓ Correct answer
- CA regulatory shift
- DA seasonal effect
Explanation
Why B — A secular trend
A secular trend is a long-term, persistent movement, such as the migration from physical to online sales. Cyclical trends are tied to economic cycles, regulatory shifts involve new laws, and seasonal effects are short-term and periodic.
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