A student noted that the football team won by a larger margin when the third-string played more minutes. Therefore, he recommended that the third-stringers become the first team. His conclusion was probably erroneous because he
a. confused positive and normative analysis.
b. committed the fallacy of composition.
c. failed to recognize that association is not causation.
d. confused macroeconomics with microeconomics.
C
Economics
You might also like to view...
The demand for loanable funds curve shows the relationship between the quantity of loanable funds demanded and
A) the capital stock. B) the expected rate of profit. C) the real interest rate. D) depreciation. E) the price level.
Economics
List and describe the two government agencies that enforce antitrust laws in the United States
What will be an ideal response?
Economics