The fallacy of composition is the incorrect view that
a. decisions are always made at the margin.
b. incentives matter only to those who behave selfishly.
c. if something is true for an individual, then it must also be true for the group.
d. the value of a good can be objectively measured by its cost of production.
C
Economics
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Of the following, the riskiest assets held by commercial banks are
A) reserves. B) U.S. government bonds. C) U.S. government Treasury bills. D) loans.
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Which of the following is an example of human capital?
A) a computer B) a college education C) a factory building D) a software program
Economics