"Bob Must Be Rich

question 26

Multiple Choice

"Bob must be rich. He's a lawyer, and lawyers make lots of money." This statement best illustrates which fallacy?

• A)Using poor survey methods
• B)Confusing significance with importance
• C)Unconscious bias
• D)Generalizing from an average to an individual

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Definitions:

Payroll Tax

A tax imposed on employers or employees, and is usually calculated as a percentage of the salaries that employers pay their staff.

Medicare Beneficiaries

Individuals who are eligible to receive health care benefits under the Medicare program, typically those aged 65 and over or with certain disabilities.

Public Good

A commodity or service provided without profit to all members of a society, either by the government or a private individual or organization.