B Com Exam  >  B Com Questions  >  What is the fallacy of composition in macroec... Start Learning for Free
What is the fallacy of composition in macroeconomic analysis?
  • a)
    The assumption that individual behavior is the same as aggregate behavior.
  • b)
    The belief that macroeconomic policies have no impact on the economy.
  • c)
    The notion that aggregate demand does not affect employment.
  • d)
    The assumption that individual decisions are unrelated to the overall economy.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is the fallacy of composition in macroeconomic analysis?a)The ass...
The fallacy of composition refers to the mistaken assumption that what is true for an individual is also true for the economy as a whole. It's important to recognize that individual decisions can lead to different outcomes when aggregated.
Explore Courses for B Com exam
What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer?
Question Description
What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer?.
Solutions for What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice What is the fallacy of composition in macroeconomic analysis?a)The assumption that individual behavior is the same as aggregate behavior.b)The belief that macroeconomic policies have no impact on the economy.c)The notion that aggregate demand does not affect employment.d)The assumption that individual decisions are unrelated to the overall economy.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev