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Describe the ad hominem fallacy and non sequitur fallacy.Give one example of each.
Facts
Data or information based on real occurrences or truths used for analysis, decision-making, or proving arguments.
Theories
Systematic ideas or principles formulated to explain phenomena, provide understanding, and predict future occurrences.
Macroeconomics
The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate phenomena such as GDP, unemployment rates, and inflation.
General Price Level
An average of the current prices of goods and services within an economy, indicating the cost of living or inflation rate.
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