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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Home » Business » 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.