Which of the following is the erroneous view that is associated with the fallacy of composition?
A) An increase in the supply of money will cause a general increase in the level of prices.
B) When two events are correlated, the one observed first must have caused the second.
C) If something is True for an individual, then it must also be True for a group.
D) A small change in an economic variable will have an unrecognizable but significant effect on the economy.

Question

Quizplus · Accepted Answer

The fallacy of composition results from the erroneous view that what is true for an individual is necessarily true for a group or the whole. An example would be the mistaken belief that if one person stands up to see better at a sporting event, then everyone should stand up to see better. The other options listed do not fit this definition of the fallacy of composition.

Which of the Following Is the Erroneous View That Is