The Argument That Our Sense of Causality Is Not Absolute

question 34

Multiple Choice

The argument that our sense of causality is not absolute but only probabilistic,based on the assumption that event sequences observed in the past are highly likely to be repeated in the future,was proposed by

• A) David Hume.
• B) Immanuel Kant.
• C) Johannes Müller.
• D) Hermann Helmholtz.

---

Definitions:

Unrealized Increase/Decrease

Refers to the change in value of an investment that has not been sold, affecting the company’s balance sheet but not its income statement.

Trading Securities

Financial instruments that are purchased by a company not for long-term investment but rather with the intention to trade in the short term for profit.

Unrealized Holding

Gains or losses on investments that a company has not sold yet and hence are not recorded in the financial statements.

Fair Value

The price that would be received for selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.