Which of the following is the erroneous view that is associated with the fallacy of composition?
A) An increase in the supply of money will cause a general increase in the level of prices.
B) When two events are correlated, the one observed first must have caused the second.
C) If something is true for an individual, then it must also be true for a group.
D) A small change in an economic variable will have an unrecognizable but significant effect on the economy.
Correct Answer:
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