Multiple Choice
Which of the following is not an example of the fallacy of composition?
A) If I can get to work fastest by taking the interstate, so can everyone else.
B) If you can only get away from it all by going to Fairbanks, everyone who needs to get away should go to Fairbanks.
C) If the quickest way to get off a sinking ship is to run to the nearest lifeboat, all the passengers should do this.
D) If the best TV reception can be gotten with a Couch Potato antenna, then everyone should have a Couch Potato antenna.
E) If I can get a better view by standing up at the baseball game, everyone gets a better view by standing up.
Correct Answer:

Verified
Correct Answer:
Verified
Q28: The association-causation fallacy is the error of
Q29: You tell your friend that the stock
Q30: Economists often focus on average behavior because
Q31: A hypothesis is<br>A)an assumption about behavior<br>B)a prediction
Q32: In economics, money is an example of
Q34: "Congress must recognize that the growing national
Q35: The behavior of the entertainment industry in
Q36: Microeconomics is the study of<br>A)marginal or inferior
Q37: The basic purpose of economic models is
Q38: According to a 2011 PayScale.com survey, among