Related to the Economics in Practice on p. 10: Prior to joining the glee club, Anjelica spent most of her free time studying in the library. Once she joined the glee club, Anjelica spent her free time hanging out in karaoke bars with other glee club members. This change in behavior is best described by
A) the fallacy of logic.
B) the post hoc ergo prompter hoc fallacy.
C) the problem of peer effects.
D) the ceteris paribus error.

Question

Quizplus · Accepted Answer

The change in Anjelica's behavior is best described by the problem of peer effects, which refers to how the behaviors or actions of peers can influence an individual's choices and actions. Joining the glee club introduced Anjelica to a new group of peers, which led to a change in her free-time activities.

Related to the Economics in Practice on P