Increasing the Share of Your Income That You Save Is

question 43

Multiple Choice

Increasing the share of your income that you save is good for you. Therefore it would be good for the whole economy if everyone saved more. This exemplifies the:

• A) Post hoc fallacy
• B) Fallacy of composition
• C) Use of loaded terminology
• D) Confusion between correlation and causation

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Definitions:

The National Defense Act

Legislation aimed at determining the organization, function, and responsibilities of a country's military and defense establishments.

Noninterference

The principle of not intervening in the affairs or actions of others, especially by not imposing one's own values or beliefs.

Self-Determination

The process by which a person controls their own life and makes their own decisions without undue influence from others.

Confidentiality

The ethical principle or legal right that a professional will not disclose information shared in trust without the client's consent.