The ______ fallacy assumes there is only so much work to be done and hence only a fixed number of jobs.

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The lump of labor fallacy assumes that there is a fixed amount (or "lump") of work to be divided among workers. This fallacy leads to the belief that if immigration, for example, increases the number of people looking for work, then there won't be enough work to go around. This is an erroneous belief, as the economy is not a fixed pie, and new workers can actually create more jobs through their consumption and production activities.

The ______ Fallacy Assumes There Is Only So Much Work