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"When One Hockey Team Spends a Large Sum of Money

Question 5

Multiple Choice

"When one hockey team spends a large sum of money acquiring better players, it is better off. If all teams do the same thing, all of them are better off." What is this statement an illustration of?


A) the fallacy of composition
B) the ceteris paribus condition
C) a misunderstanding of the direction of causality
D) confusing correlation with causation

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