Asked by Larry Egerton on May 30, 2024
Verified
Related to the Economics in Practice on p. 10: Prior to joining the glee club, Anjelica spent most of her free time studying in the library. Once she joined the glee club, Anjelica spent her free time hanging out in karaoke bars with other glee club members. This change in behavior is best described by
A) the fallacy of logic.
B) the post hoc ergo prompter hoc fallacy.
C) the problem of peer effects.
D) the ceteris paribus error.
Peer Effects
The influence that individuals exert on one another's behavior, choices, or performance in a social or work setting, often within similar age or professional groups.
Glee Club
A group of singers, often from a school or community, who perform together in unison or harmony.
Karaoke Bars
Entertainment venues where individuals sing along to songs using a microphone and a public address system, often featuring instrumental accompaniments.
- Identify and steer clear of prevalent logical errors in economic analysis.
- Distinguish between the empirical and theoretical dimensions of economics.
Verified Answer
DL
Dazia LawrenceMay 31, 2024
Final Answer :
C
Explanation :
The change in Anjelica's behavior is best described by the problem of peer effects, which refers to how the behaviors or actions of peers can influence an individual's choices and actions. Joining the glee club introduced Anjelica to a new group of peers, which led to a change in her free-time activities.
Learning Objectives
- Identify and steer clear of prevalent logical errors in economic analysis.
- Distinguish between the empirical and theoretical dimensions of economics.