Sources of confusion in economic analysis include:
A) fallacy of composition.
B) rational self-interest.
C) fallacy of segmentation.
D) mistake of ignoring primary effects.
E) making positive economic statements.

Question

Quizplus · Accepted Answer

The fallacy of composition is a common source of confusion in economic analysis, where one assumes that what is true for an individual or part is also true for the whole.

Sources of Confusion in Economic Analysis Include