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A Person Observes That Consumer Prices Often Fall When a Nation

Question 41

Multiple Choice

A person observes that consumer prices often fall when a nation experiences economic growth. The person then concludes that falling consumer prices leads to economic growth. This would be an example of:


A) The fallacy of composition
B) Biases
C) Confusing correlation and causation
D) The use of loaded terminology

Correct Answer:

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