Related to the
Economics in Practice on page 9: Prior to joining a fraternity, James spent most of his evenings and weekends studying for his classes. Once he joined the fraternity, James spent a majority of his evenings and weekends going to parties. This change in behavior is best described by
◦ the fallacy of logic.
◦ the
post hoc ergo propter hoc fallacy.
◦ the problem of causality.
◦ the
ceteris paribus error.