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15 August, 00:31

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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Answers (2)
  1. 15 August, 03:11
    0
    B. Fallacy of Composition

    Explanation:

    Fallacy of composition is inferring that when one something is true for one part of the the group it should be true for all / some parts of the group. like in this case believing that if saving is good for you if everyone saves it will be good for the whole economy.
  2. 15 August, 03:54
    0
    B. Fallacy of composition.

    Explanation:

    Fallacy of composition arises when you assume that what is happening to a part of a group will happen to the whole group as well. In this case, the predicament for an individual: "if you save more of your income it is good for you" is being assumed for the whole economy, which may or may not be true.
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Home » Business » 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.
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