Because We Are Often Tempted to Accept Commonsense Beliefs, Urban

question 601

Multiple Choice

Because we are often tempted to accept commonsense beliefs, urban legends, and even outrageous claims about the powers of "healing" crystals and "miraculous" herbal remedies, it is important that we learn to think

• A)concretely.
• B)divergently.
• C)convergently.
• D)critically.

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Definitions:

Economic Variables

Quantitative measures that represent a characteristic of the economy or a part of the economy, influencing or describing economic activity.

Positive Economic Analysis

An objective approach to economics that focuses on describing and explaining economic phenomena without making normative judgments.

Fallacy of Composition

Erroneous view that what is true for the individual (or the part) will also be true for the group (or the whole).

Association

An organization or group of individuals who voluntarily come together to achieve common goals, often representing a profession, industry, or interest.