(Last Word) "The government deregulated the electricity industry in California, and a shortage of electricity soon occurred.It is clear that the deregulation caused the shortage." This statement needs careful analysis because it may reflect the
A) fallacy of composition.
B) post hoc, ergo propter hoc fallacy.
C) use of loaded terminology.
D) law of averages.
Correct Answer:
Verified
Q2: Products and services are scarce because resources
Q10: Normative statements are expressions of facts.
Q12: Macroeconomics explains the behavior of individual households
Q133: (Last Word) A caller to a radio
Q134: (Last Word) The safest way for an
Q135: (Last Word) Which of the following has
Q140: (Last Word) The post hoc fallacy and
Q146: (Consider This) The economic perspective used in
Q148: (Consider This) At fast-food restaurants
A) consumers enjoy
Q149: (Consider This) A direct cost of going
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents