Which of the Following Involves the Fallacy of Composition

question 202

Multiple Choice

Which of the following involves the fallacy of composition?

• A)Because sitting in the back of classrooms is correlated with getting lower grades in the class, students should always sit closer to the front of the classroom.
• B)Historically, the stock market rises in years the NFC team wins the Super Bowl and falls when the AFC wins the Super Bowl, I am rooting for the NFC team to win for the sake of my investment portfolio.
• C)When a basketball team spends more to get better players, it is more successful, which proves that all the teams should spend more to get better players.
• D)An increase in the amount of money I have will make me better off, so an increase in the supply of money in the economy will make Americans as a group better off.
• E)Both the basketball and the money supply scenarios involve the fallacy of composition.

Learn about the impact of gene duplication and functional divergence in evolutionary processes.

Realize the significance of conserved sequences in proteins and the evolutionary pressures acting on them.

Understand the basic principles and violations under the Sherman Act.

Recognize the global application of antitrust laws to U.S.-based firms engaged in international activities.

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Definitions:

Note Payable

A financial obligation represented by a written promissory note which specifies the amount and terms under which the money must be repaid.

Net Working Capital

A financial metric representing the difference between a company's current assets and current liabilities.

Change in Net Working Capital

The difference between the current assets and current liabilities from one period to the next, reflecting changes in liquidity and operational efficiency.

Average Tax Rate

The ratio of the total amount of taxes paid to the total tax base (taxable income or spending), representing the average tax burden.