(Last Word) Which of the following has to do with the problem of distinguishing cause and effect in economic reasoning?
A)the law of large numbers
B)the law of averages
C)the post hoc, ergo propter hoc fallacy
D)the fallacy of composition

Question

Quizplus · Accepted Answer

The post hoc, ergo propter hoc fallacy refers to the mistaken belief that if one event follows another, the first event must have caused the second. This is directly related to the problem of distinguishing cause and effect.

(Last Word) Which of the Following Has to Do with the Problem