Which statement best illustrates the fallacy of composition?
A) If the average price I pay for food rises,the purchasing power of my income has fallen.
B) If I stand up,I will see better at a football game;therefore,if all the football spectators stand up,they will all see better.
C) If I attend more classes,I will learn more.
D) If I buy more gasoline each week,my gasoline consumption has increased;therefore,if all gasoline consumers buy more gasoline each week,gasoline consumption has increased.
E) Because I washed my car Saturday morning,it rained Saturday afternoon.
Correct Answer:
Verified
Q118: The total of all federal government bonds
Q119: A cost of aggregation is that
A) details
Q120: A government deficit is _ and government
Q121: When macroeconomists add together the purchases of
Q122: The strength of aggregation is that it
Q124: In a debate in the Economics Department,Andrew
Q125: In a debate on the state of
Q126: To argue that,since one fan at a
Q127: Aggregation allows economists to _ at the
Q128: The fallacy of composition occurs when it
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