A person who mistakenly assumes that because one event follows another, the second event results from the first commits the fallacy of:

When a government influences the exchange rate of its currency, it is said to be practicing "dirty floating."

a. True b. False Indicate whether the statement is true or false

If firms meet together to decide on prices and outputs, there is

A. overt collusion. B. tacit collusion. C. price leadership. D. None of the above are correct.