Which proves that all teams should spend more to get players


Problem

Do any of the following statements involve fallacies? If so, which ones do they involve?

a. Because sitting in the back of classrooms is correlated with getting lower grades in the class, students should always sit closer to the front of the classroom.

b. Historically, the stock market rises in years the NFC team wins the Super Bowl and falls when the AFC wins the Super Bowl. I am rooting for the NFC team to win for the sake of my investment portfolio.

c. When a hockey team spends more to get better players, it is more successful, which proves that all the teams should spend more to get better players.

d. Gasoline prices were higher last year than in 1970, yet people purchased more gas, which contradicts the law of demand.

e. An increase in the amount of money I have will make me better off, but an increase in the supply of money in the economy will not make Canadians as a group better off.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Which proves that all teams should spend more to get players
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