Bolton Harper
12/25/2023 · Junior High School

QUESTION 38 "Mediocre economists often consider only the immediate apparent effects of a change, whereas a good economist will also consider effects that may only become observable over time." This statement most clearly emphasizes a. the fallacy of composition. b. economizing behavior. c. the importance of secondary effects. d. the fact that association is not causation.

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The statement emphasizes the importance of considering secondary effects.

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