Iker, a young golfer, started drinking a new brand of soft drink after he saw an advertisement of a famous golfer saying that his putting skills improved after regularly consuming the drink. Which type of reasoning fallacy did Iker commit?
A) Appeal to misplaced authority B) Red herring C) Causal D) Bandwagon
(1) Survey consumers to determine a fixed basket of goods, (2) find the price for each good, (3) calculate the cost of a basket of goods for each period, (4) calculate the consumer price index, and (5) calculate the inflation rate.
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(Last Word) Suppose you borrow $500 for a year and the lender discounts $75 of interest at the time the loan is made (giving the borrower only $425) .The interest rate on this loan is about:
A) 12.5 percent. B) 14.5 percent. C) 17.6 percent. D) 10 percent.
____________ strategies tend to create "we-they" or "superiority-inferiority" patterns,which often lead to distortions in judgment regarding the other side's contributions and efforts,and to distortions in perceptions of the other side's values,needs and positions.