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14 August, 15:30

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. 14 August, 15:37
    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.
  2. 14 August, 17:05
    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.
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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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