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Author Question: Identify the error in judgment in each of the following statements: I. If you leave a concert during ... (Read 56 times)

go.lag

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on: Jun 30, 2018
Identify the error in judgment in each of the following statements: I. If you leave a concert during the encore, you will avoid traffic and get home more rapidly; therefore everyone should leave during the encore. II. Whenever I wear my lucky baseball cap to an exam, I receive an A. My baseball cap must induce the teacher to give me good grades.

Question 2

Which of the following would not be counted as a final good for inclusion in GDP?
 a. a piece of glass bought by a consumer to fix a broken window
 b. a sheet of glass purchased by General Motors for the side window of a new car
 c. a sheet of glass produced this year and ending up in the inventory of a retail hardware store
  d. All of the above are counted.


sultansheikh

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Reply #1 on: Jun 30, 2018
Answer to Question 1

Statement I is an example of the fallacy of composition.
Statement II is an example of confusing association with causation.

Answer to Question 2

b


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