what is the answer forSome economists have noted that throughout recent U.S. history, as the occurrence of sun spots has increased, so has the rate of overall inflation. If any of these economist based this observation on a short-term forecast of inflation, he/she would be: a. committing the fallacy of composition. b. using normative analysis. c. committing the fallacy of double counting. d. confusing the problems of scarcity and abundance. e. committing the error of interpreting association as causation
what is the answer forSome economists have noted that throughout recent U.S. history, as the occurrence of sun spots hasincreased, so has the rate of overall inflation. If any of these economist…