(Last Word) The post hoc fallacy and the correlation problem both relate to
A)the calculation of marginal costs and marginal benefits of any economic activity.
B)the issue of determining causation.
C)the frequent inability of households and businesses to behave rationally.
D)the trade-off problem associated with competing goals.

Question

Quizplus · Accepted Answer

Both the post hoc fallacy and the correlation problem are related to the issue of determining causation, as they involve incorrectly inferring a causal relationship from a sequence of events or a correlation between variables.

(Last Word) the Post Hoc Fallacy and the Correlation Problem