Examlex
The minimum wage, which sets a lower limit on the wages that workers can earn, is often above the equilibrium price. The minimum wage is an example of:
Informal Fallacy
A type of mistaken reasoning that occurs when an argument is psychologically or emotionally persuasive but logically incorrect.
False Premise
A logical fallacy where an argument is built on a statement that is not true, leading to a faulty conclusion.
Psychologically Appealing
Describes something that is attractive or interesting from a psychological perspective, often because it satisfies certain emotional or cognitive needs.
Fallacy of Ambiguity
Arguments that have ambiguous phrases or sloppy grammatical structure.
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