Identifying Causal Fallacy in Economic Argument

Very Easy Flaw In The Reasoning Identify Logical Flaw

A professor of economics asserts that since no country with a high level of taxation has ever achieved a high growth rate, high taxation must inhibit economic growth.

This conclusion suggests that economic policies should focus on lowering taxes to foster growth.

The professor ignores other factors that might influence economic growth.

The argument compares different countries without considering their unique contexts.

The conclusion contradicts the premise provided in the argument.

The assertion assumes causation based solely on correlation.

The professor mistakenly believes that economic growth is solely dependent on taxation.

Hint

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