Examlex
In one study, researchers found that personality trait scores from the same people measured 10 years apart correlated between r = .60 and r = .90. This is evidence for
Fallacy of Composition
The error of assuming that what is true of a part is necessarily true of the whole.
Prosperity
A state of economic well-being characterized by high levels of income, employment, and production.
Depression
A severe and prolonged reduction in economic activity as occurred during the 1930s
Scarce Resources
Natural, human, and capital resources that are limited in supply, which necessitates choices about how they are allocated.
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