Multiple Choice
Which of the following best illustrates the fallacy of composition?
A) If Jamal had more money, he could afford to buy more goods.
B) If Aisha stood up at a basketball game, she could get a better view of the game; if everyone stood up at a basketball game, everyone could have a better view of the game.
C) If the price of bread rose, consumers would buy less; if consumers bought less bread, the price of bread would rise.
D) High housing prices cause people to buy less housing, but an increase in income might cause them to buy more housing.
Correct Answer:

Verified
Correct Answer:
Verified
Q89: Government expenditures as a share of the
Q90: Increased spending on which of the following
Q91: Capital is a term economists use to
Q92: The statement, "John buys more of good
Q93: The Secretary of Labor states that wage
Q95: The difference between a positive economic statement
Q96: Modern economics as a field of study
Q97: In the most recent fiscal year, federal
Q98: An opinion based on personal preferences and
Q99: A tradeoff exists between a clean environment