Econ (11).pdf - 51 iChapter i1\u2014Economics iThe iWorld iAround iYou iQuestion iMC i#51 i This ipast iyear iwhenever iyou iwore iyour icollege's icolors

Econ (11).pdf - 51 iChapter i1u2014Economics iThe iWorld...

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51.iChapteri1Economics:iTheiWorldiAroundiYouiQuestioniMCi#51i This i past i year, i whenever i you i wore i your i college's i colors, i the i football i team i won. i During i the i last i two i weeks i you i continued i to i wear i the i college i colors i and i bet i a i lot i of i money i on i your i team, i but i your i college's i football i team i lost i both i games. i Your i mistaken i belief i is i a i result i of a.itheifallacyioficomposition.b.iceterisiparibusi("everythingielseiheldiconstant").*c.itheiinterpretationiofiassociationiasicausation.d.itheiscientificimethod.e.ipositiveianalysis. 52.iChapteri1Economics:iTheiWorldiAroundiYouiQuestioniMCi#52i According i to i Super i Bowl i theorem, i when i NFC i team i won i Super i Bowl i stock i market i went i up i and i when i AFC i team i Super i Bowl i stock i market i went i down. i This i year i if i NFC i team i wins i Super i Bowl, i you i should i buy i stocks."

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