as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the term "self-fulfilling prophecy."
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a self-fulfilling prophecy is an expectation that comes true because it causes people to act as if it is true. it can be positive or negative and it occurs when a person’s expectations influence their behavior, which in turn influences the outcome of the situation. for example, if a person believes that they are not capable of success, then they may behave in a way that leads to failure, thereby fulfilling the prophecy that was created by their initial belief.
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