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8 September, 22:09

A policymaker who assumes that the effect that a policy has on one person will be the same effect that the policy will have on all people in the economy is

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  1. 9 September, 01:34
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    Fallacy of composition.

    Explanation:

    Fallacy of composition also called faulty induction, composition fallacy, or exception fallacy is an assumption which states that the result achieved from an experiment on a section of a population will be true for the entire population. Fallacy of composition often lead to incorrect conclusion as what is good for a part of a bigger population may not always be good for the whole, example is when a spectator in a stadium stands up, he gets a better view of the game, but when everybody stands up, the opposite is the case.
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